521 Van Siclen AveTOWNHOUSE, East New York, Brooklyn, NY 11207

$1,200,000
10
beds
5
Baths
Multi Family Townhouse

AGENTS

Rachelle Rosten
Rachelle Rosten
  • Licensed Real Estate Salesperson
  • DRE #: 01255977
V-Card
Source of Data:
Resource

Property Description

Click for NYS Housing Discrimination Disclosure Notice & Form


Exceptional solid brick semi-attached legal 4 family home just hitting the market on Van Siclen Avenue! One block from the Van Siclen 2,3 and 4 trains, this extraordinary multi-family investment property in move-in ready condition will be delivered vacant to the new owner! This huge legal 4-family is 25 by 78 square feet on a long 25 by 100 square foot lot with R6 zoning, FAR 2.43 and an allowable useable floor area of 6,073 square feet allowing for an unused FAR of 2.17 giving any new owner the ability to build another entire floor up on top! With over 3,700 square feet of living space on the top 2 floors and another 1,850 square feet in the impressive basement, complete with heat and high 7-foot ceilings, this is an opportunity not to be missed. The basement has both a front entrance leading into a spacious apartment as well as a side entrance leading into another entirely separate space making the hidden value in this gem well worth mentioning. The first and second floors have 2 separate matching apartments on each floor, all with 9-foot ceilings; the front units have a 3-bedroom, 1 bathroom unit and each of the back ones have a 2-bedroom 1-bathroom unit for a total of 10 bedrooms, that's not including the flexible and considerable extra basement space! Each and every unit on the top two floors have loads of windows due to the accompanying courtyard along the side of the property, perfect for all residents to relax in a private outdoor space. The building itself has a new boiler and is very clean and well-kept. Short walk to the Brooklyn Public Library and the Martin Luther King Playground just a couple of blocks away. 4-family homes delivered vacant in this area are very rare, and this one is ready to start generating a lucrative rental income from day one! This great property won't last, call today!
Show MoreShow Less

PROPERTY DETAILS

  • Interior
    3,900 Sq Ft.
  • Property Type
    Multi Family Townhouse
  • MONTHLY REAL ESTATE TAX
    $671
  • Year Built
    1930
  • MLS/Listing ID
    22337884
  • Days On Market
    201
Learn more about 521 Van Siclen Ave