Click for Online Assistance
Call or Text - 888.699.8876

Schedule An Appointment

Property Address

1319 Jefferson Avenue, Brooklyn (Bushwick), NY  11221

Request More Info

Property Details

Status
Active
Town
Brooklyn
Type
Multi-family
Year Built
1905
BuildingType
Townhouse
Cooling
Unknown Type
Lot Size
19'x100'
Est. Taxes
$4,315
Days on Market
79 days
Building Access
Walk-up
Service Level
Voice Intercom
Built Size
19'x45'
OLR#
CORC5708920

Request Information

Need Help?

Contact local expert
Click Here for Online Assistance
Call - 888.699.8876
Email Now

Your Insurance Rep.

Robert Reade

Robert Reade
Insurance NPN# 2283864
Office - 203.925.4588
Cell - 860.690.5052
Fax - 866.603.1192

Email Insurance Rep. › Insurance Quote ›
The Raveis App

Download the Raveis App Today!

Enter your phone number to receive a text link to our free app.
To learn more about the features visit our app page ›

By entering your phone number you are agreeing to the Terms & Conditions

$1,675,000

Estimated PMT - $6,301 / Mo.*

Check Rates › | Change Terms›

1319 Jefferson Avenue, Brooklyn, NY, New York 11221. DEAL FELL THROUGH! Don't miss this one!This townhouse occupies a generous 19 x 45ft footprint on a 100ft lot in prime Bushwick, a few blocks from the Halsey St L and J trains. Exciting new restaurants, shops, and services are opening every day. Current income of more than $90K/year is slightly under market.With a cap rate of just under 5% and plenty of unused FAR, this fully renovated 3-FAMILY is an investor's dream come true. 3 spacious floor-through apartments, separately metered (with a 4th electrical meter), are perfectly set up for a condo conversion; or dont do a thing and begin collecting your rent checks at a nearly 5% cap rate - great tenants, mostly on month-to-month leases, have been in place since 2016 when the building was renovated! A finished basement has flexible access so can be annexed to the garden apartment for duplexing, or used as common storage for all units. The garden is accessible from 2 units, offering further possibilities and flexibility.In the market for a condo? Live in one unit while collecting more than $5k per month from the other units to put towards the mortgage. Top floor: 3 bedroom, 1 bathroomParlor floor: 2 bedroom, 1 bathroom, plus garden accessGarden/Basement duplex: 2 bedroom, 1 bathroom plus garden access and rec room or storage Central air & heat plus laundry units in all apartments. Smart, bright layouts, nice finishes, high ceilings, and details like exposed brick seal the deal. All mechanicals, including electrical, plumbing and roof, were done in the renovation.Dont miss out on this clear investment win!

 
 

Listing courtesy of The Corcoran Group