8 Beds
4 Baths
3,600 SqFt
8 Beds
4 Baths
3,600 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $430
Subdivision Ditmas Park
MLS Listing ID RLS20078407
Style Walk-Up
Bedrooms 8
Full Baths 3
Half Baths 2
HOA Fees $350/mo
HOA Y/N Yes
Year Built 1965
Annual Tax Amount $7,812
Property Sub-Type Triplex
Property Description
Currently delivering an impressive 5.08% cap rate, with projections up to 6.05%, this is a rare chance to secure a high-performing asset in a prime location. Videos available for each apartment, offering a comprehensive view of layouts and flow
Ideal for both savvy investors and end-users, this property offers the perfect balance of strong income potential, generous living space, and long-term appreciation. Live in one unit while generating substantial rental income, or maximize returns with a fully leased investment.
Apartment #1 (Garden Level)
2 Bedrooms/1 Bathroom
A full-floor residence featuring direct access to a private 20' x 40' backyard that is perfect for entertaining or relaxing. The home is filled with natural light, offers a very large living room, and a windowed kitchen. Both bedrooms comfortably accommodate king-size furnishings and include closets, complemented by abundant storage. The apartment also features well-maintained, attractive flooring throughout.
Apartment #2 (Second Floor)
3 Bedrooms/1.5 Bathrooms
This expansive unit boasts a large balcony, an oversized eat-in kitchen with dining space, and a very large living room ideal for both everyday living and entertaining. Three bedrooms, very hard to find in today's rental market. The primary bedroom includes a half bath and private balcony access, along with ample storage throughout. The apartment features beautiful flooring, enhancing the bright and airy feel.
Apartment #3 (Top Floor)
3 Bedrooms/1.5 Bathrooms
Bright and airy, this top-floor residence features a balcony, excellent natural light, and a spacious, flexible layout. Enjoy a very large living room, an oversized kitchen with dining area, and three desirable bedrooms, including a comfortable primary bedroom with a half bath. Generous storage and well-kept flooring throughout complete the space.
Apartments #2 and #3 share identical layouts, offering consistency and efficiency for both living and rental purposes. The photos primarily showcase Apartment #2, along with the kitchens from Apartments #1 and #3, the remaining spaces across units are very similar in layout, scale, and condition. Please refer to the floor plans for a complete understanding of the configuration.
Additional Highlights
Fully free-market units
Washer/Dryer (shared) on the first floor
Solid brick construction, low-maintenance, and timeless.
24' wide building and highly desirable footprint
Attractive flooring throughout all apartments
Currently strong income with future upside potential
Perfectly positioned just moments from Cortelyou Road, you'll enjoy a vibrant mix of cafes, restaurants, and local shops. Commuting is effortless with nearby access to the B and Q subway lines, connecting you quickly to Manhattan and beyond.
Located in the highly regarded Ditmas Park area, ranked among the top neighborhoods to live in the U.S. This property offers not just a home, but a lifestyle and a smart investment.
Virtual tours available for all apartments. Contact today to schedule your private showing. Currently fully occupied, showing only for qualified buyers.
Location
State NY
County Kings
Interior
Interior Features Crown Molding, Eat-in Kitchen, High Ceilings
Heating Baseboard, Natural Gas, Wall Furnace
Cooling Wall Unit(s)
Flooring Hardwood
Equipment Intercom
Furnishings Unfurnished
Fireplace No
Appliance Dryer, Dishwasher, Gas Cooktop, Gas Oven, Washer
Laundry Common On Floor, Common Area
Exterior
Exterior Feature Building Garden, Balcony, Private Outdoor Space Over 60 Sqft
View Y/N Yes
View City
Porch Patio, Balcony
Private Pool No
Building
Lot Description Front Yard
Dwelling Type Triplex
Story 3
New Construction No
Others
Tax ID 05164-0057
Ownership None
Monthly Total Fees $1, 001
Pets Allowed Building No, No
Virtual Tour https://youtu.be/okJiKV0qdu4
