Buy with Yoreevo
$1,862,000
List Price: $1,900,000
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Avenue C
Townhouse in Kensington •  building info
9bd • 3ba
Buy with Yoreevo

$1,862,000

List Price

$1,900,000

Description
Three-Family Corner Property in Prime Kensington Welcome to 2 Avenue C, a fully renovated three-family brick home ideally located on a corner lot in the heart of Kensington, Brooklyn. The building sits on a 1,600 square foot lot and is configured as a three-family. All units all currently on month-to-month leases. The property was updated in 2007 and offers 3,660 square feet of living space across three full-floor units, plus an income-generating three garages. Each unit is fair market and currently leased on a month-to-month basis, providing flexibility for owner-occupants or investors. The ground floor is a 2-bedroom, 1-bath apartment. The first floor offers 3 bedrooms and 1 bath, and the top floor includes 4 bedrooms and 1 bath. In addition there are three individual garages currently rented separately to the tenants. The current total monthly rent roll is $7,600 with a lot upside potential given fair market rental values. This property is zoned R5/C2-4 and includes gas heating and separate electric and gas meters for each unit. All leases are on a month-to-month basis, so there is significant room for rent growth or redevelopment. Located just minutes from Prospect Park and surrounded by local dining, shopping, and multiple subway lines, 2 Avenue C offers both convenience and long-term value in one of Brooklyn’s most desirable residential neighborhoods. Photos are virtually staged.

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Building info

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Listing Courtesy of Pear NYC