The property also includes a full basement with separate electric and gas meters and one boiler. Unlock the value this underutilized property has to offer by maximizing the use of all three garages and increasing rents. The building requires minimal work. In 2021, a 250,000-dollar investment was made into the property, which included renovations to the roof, windows, hallways, and full upgrades to bathrooms and kitchens in all units. These improvements contribute to the building's low operating costs and making it amazing immediate income generation.
Also catching the attention of long-term investor with unused air rights and R6 zoning, there's significant potential to increase value by adding more units.
A neighborhood experiencing growing investor interest, the property is around major transit options including the 3 train at Sutter Ave-Rutland Rd and Saratoga Avenue, as well as Local amenities Kings County Hospital, Brookdale Medical Center, Teaching Centers, and local retail.
Don't miss out on this opportunity.