Property Description for 1809 Saint Johns Place
1809 St Johns Place Brooklyn NY 11233
An opportunity to purchase a beautifully renovated mixed-use brick building located in the one and only crown heights, borderline Ocean Hill. This property holds great value, as the 2nd and 3rd floor will be delivered VACANT at closing, with a projected rental income of at least $3,700 each unit. The commercial space is currently being leased to steady tenants, contributing $2,807.66.
The ground floor commercial space consists of over 625 sq ft, a half bathroom as well as a full cellar.
Unit 2 consists of 4 bedrooms and 1 full bathroom.
Unit 3 consists of 4 bedrooms and 1 full bathroom.
Each unit has its own separate meter and water heater, contributing to the low overall operating costs of this amazing mixed-use property. The entire building, including the commercial space has been fully upgraded in 2016.
Huge opportunity to improve the current layout to however you choose.
The (2) (3) (4) trains are just a short walk away, as well as multiple bus lines less than 1 block away.
Lot dimensions: 54.1 ft x 34.42 ft
Zoning: R6
Taxes: $4,151.80
Livable area: 2650 sq ft
Land Area: 931 sq ft
Block 1471
Lot 81
Unit 1- Projected rental income $3,700
Unit 2- Projected rental income $3,700
Commercial + full unfinished basement - Current rental income $2807.66. (Lease expires 2/24/2024)
Contact me directly to schedule a showing, or if you have any additional questions.