Property Description for 85 Arlington Ave
Nestled within the vibrant heart of an up-and-coming neighborhood, 85 Arlington Avenue, a multi-family home that beckons with an irresistible blend of classic charm and contemporary luxury. This four-story multi-family house, stylishly redeveloped in 2016, offers a promise of extraordinary living and includes gated outdoor space, a driveway, parking spots and a two car garage. The redesign has woven an enchanting tale of refinement, with sumptuous wood flooring that whispers beneath your feet and recessed lighting that bathes each room in a warm, inviting glow. Modernity meets sophistication as stainless steel appliances glisten in the open kitchen, and the high ceilings create a sense of grandeur. This house is a sanctuary of light, with windows that embrace southern, eastern, and northern exposures.
One flight up from the entrance is the largest apartment, a 3-bedroom, 1.5 bath duplex. Its spacious living room beckons for gatherings, the open kitchen with an island invites culinary adventures, as well as, a half bath on this level and the convenience of a washer dryer, a luxurious touch. Ascend to the upper floor of the duplex to discover three beautifully appointed bedrooms, a luxurious bathroom, and closets space galore.
The parlor level, the entrance to this enchanting abode, presents a 2-bedroom, 1 bath apartment with a trio of closets, an open kitchen, and wood flooring. It exudes an air of timeless grace and comfort.
Venture to the garden level, where a private entrance just beyond its serene terrace leads you to a fully-equipped haven. This space offers the perfect blend of functionality and flexibility, full bathroom, and three additional rooms that can adapt to your needs. Whether it's a home office, a cozy den, or a guest suite, the possibilities are endless.
Outside, a world of possibilities unfolds with a gated front garden, a gated back yard, a convenient driveway, and a two-car garage. The 400 square-foot garage, thoughtfully renovated as an artist's studio, offers the ideal space for your creative pursuits, complete with a heat/AC unit for year-round comfort.
Conveniently located just a few blocks from the historic Highland Park, 85 Arlington Avenue offers easy access to major subway lines, making your daily commute to Manhattan a breeze. This area, until recently known as Cypress Hills, is now East New York and is currently undergoing revitalization. Various new developments continue to grow, pointing the way forward for East New York's future.
This multi-family home offers an opportunity to purchase an asset that will grow in value and offer income at the same time. Act quickly - this captivating opportunity won't be available for long. Request an appointment today and make this enchanting residence your own.
ANNUAL Income and Expenses:
$89,340 Rent Roll
$ 5,312 Taxes
$ 2,200 Water/Sewer
$ 2,000 HO Insurance
$ 2,700 Utilities
$ 5,000 Repairs and Maintenance