85 Arlington Ave

85 Arlington Avenue is a multi-family home that is nestled within the vibrant heart of an up-and-coming neighborhood. This four-story multi-family house, stylishly redeveloped in 2016, beckons with an irresistible blend of classic charm and contemporary luxury. There are 3 residences that offer a promise of extraordinary living and includes gated outdoor space, a driveway, two outdoor parking spots and a two car garage that has been renovated into two temperature-controlled artist studios. The redesign of the home 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. This multi-family home offers an opportunity to purchase an asset that will grow in value and offer income at the same time.

One flight up from the entrance is the largest apartment, a 3-bedroom, 1.5 bath duplex. Its spacious living room allows 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 two 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. As well, there are two parking spots in the back yard space.

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. It is in an opportunity zone and several city agencies have worked with community residents, elected officials and stakeholders to identify needs and opportunities for improvements to support the long-term growth and sustainability of the neighborhood.

Request an appointment today and make this enchanting residence your own.

ANNUAL Income and Expenses:

$91,920 Rent Roll
$ 5,615 Taxes
$ 2,200 Water/Sewer
$ 2,000 HO Insurance
$ 2,700 Utilities