43 Douglass Street

This lovely home offers a great combination of location, size, quality, and potential. It is currently set up as a three-unit dwelling with an Owner's Duplex and two (2) high-income, two-bedroom, one-bath rentals. It can continue to be used as such to benefit from the high rental income which offsets a good portion of the expenses, while the new owners enjoy living in the generously-sized Garden/Parlor Duplex. The owner's duplex has an additional third level: a finished cellar. The Cellar currently includes a walk-in laundry room, half bath, ample space for storage, and an exercise/playroom and mechanicals. Alternatively, for those seeking to have a grand single-family residence, the 25" width makes the conversions a smart and safe investment, given the recent record sales of fully renovated single-family properties nearby. The current home has 4,350 square feet plus a finished cellar with an additional 800 square feet, to which 650 Square feet of new space can be added, according to the current zoning designations (please consult an architect).The Owner's Duplex plus Cellar has a loft-like, open Parlor floor, filled with natural light, a WBFP, a contiguous Living / Dining space, a windowed half bath, a pantry, an open kitchen overlooking a tranquil landscaped garden, and a glass atrium. The glass atrium/mudroom connects the Parlor level to the rear garden. A central staircase in the Parlor leads down to a Garden level with three bedrooms, two bathrooms, and easy access to the front and rear gardens, and to the finished Cellar. The 700 square feet of the main suite provide plenty of room to spread out and have a sitting, reading, or dressing room.The two free-market, two-bedroom rental apartments have a solid rental history and offer a projected rental income of $9,000/ month combined.The home has been well maintained. It has a new boiler, new hot water heaters, a new rubber roof, and mini-split AC in the Parlor Duplex.All of this is in close proximity to numerous subway lines (F, A, C, R, 2, 3, 4, 5, LIRR), restaurants, bars, cafes, the Atlantic Mall, Fulton Shopping Center, Barclays Stadium, BAM, Roulette. Plenty of options for daycare, public and private schools. As well as an Ev charging station, CitiBike stations, walking distance to Brooklyn Bridge Park, the Brooklyn Heights Promenade, and much, much more. Listed by Broker/Owner