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Listing Courtesy of Corcoran Group
$ 1,395,000
Est. payment | /mo
6 Beds
3 Baths
1,680 SqFt
$ 1,395,000
Est. payment | /mo
6 Beds
3 Baths
1,680 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,680 sqft
Price per Sqft $830
Subdivision Bushwick
MLS Listing ID RLS20081165
Bedrooms 6
Full Baths 3
HOA Y/N No
Year Built 1901
Annual Tax Amount $4,944
Property Sub-Type Multi Family
Property Description
487 Hart Street - Turnkey Two-Family Investment Opportunity in Prime Brooklyn
Welcome to 487 Hart Street, a well-maintained two-family stucco townhouse set on a 20 x 75 lot, offering an exceptional opportunity for both investors and end users alike. With 1,680 square feet of interior space and strong existing cash flow, this property is great for those seeking income potential with low monthly carrying costs.
The home is currently configured as two income-producing rental units, generating $93,600 annually with additional upside and a strong 6% cap rate.
The first-floor residence is a spacious 3-bedroom, 1-bath duplex featuring hardwood floors throughout, ceramic tile flooring in the lower level, and direct access to a private backyard
The top-floor apartment offers a bright 2-bedroom, 1-bath layout with hardwood floors and a skylight that fills the home with natural light.
Both units have been thoughtfully updated with renovated kitchens and bathrooms, making this a true turnkey asset.
Perfectly suited for an investor seeking immediate returns or an end user looking to offset ownership costs with rental income, 487 Hart Street presents a rare opportunity in a great location.
Welcome to 487 Hart Street, a well-maintained two-family stucco townhouse set on a 20 x 75 lot, offering an exceptional opportunity for both investors and end users alike. With 1,680 square feet of interior space and strong existing cash flow, this property is great for those seeking income potential with low monthly carrying costs.
The home is currently configured as two income-producing rental units, generating $93,600 annually with additional upside and a strong 6% cap rate.
The first-floor residence is a spacious 3-bedroom, 1-bath duplex featuring hardwood floors throughout, ceramic tile flooring in the lower level, and direct access to a private backyard
The top-floor apartment offers a bright 2-bedroom, 1-bath layout with hardwood floors and a skylight that fills the home with natural light.
Both units have been thoughtfully updated with renovated kitchens and bathrooms, making this a true turnkey asset.
Perfectly suited for an investor seeking immediate returns or an end user looking to offset ownership costs with rental income, 487 Hart Street presents a rare opportunity in a great location.
Location
State NY
County Kings
Rooms
Basement Other
Interior
Interior Features Smoke Free
Fireplaces Number 1
Fireplaces Type Decorative
Fireplace Yes
Laundry In Unit
Exterior
Exterior Feature Private Outdoor Space Over 60 Sqft
View Y/N No
View Other
Porch None
Private Pool No
Building
Dwelling Type Townhouse
Story 2
New Construction No
Others
Tax ID 03214-0038
Ownership None
Monthly Total Fees $412
Special Listing Condition Standard
Pets Allowed Building Yes, No
RLS Data display by WJFNY