473 Kosciuszko Street, Brooklyn, NY 11221

5 Photos
 
$1,350,000 List Price
Off Market
 
Listing ID 10243238
Property Type Multi-Unit (2-4)
County Kings
Neighborhood Bedford Stuyvesant
FEMA Flood Map fema.gov/portal
   
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Set on a beautiful, tree-lined stretch of Bedford-Stuyvesant, this classic four-story brownstone has four free market units and will all be delivered vacant. Two of the units are currently set-up as one-bedroom apartments while the other two are 1.5-bedrooms. All four can be easily converted into two-bedroom homes, and the property also features an additional 2,160 square feet worth of buildable rights, allowing for substantial expansion. The green backyard spans nearly 1,000 square feet. Should the new owner choose to place all of the apartments on the rental market while maintaining current floor plans, the home is projected to produce $86,000 per year after basic renovations; however, a landlord could net in excess of a $100,000 a year with apartment upgrades and conversions into two-bedroom units that will fetch rents north of $2,000. The prime property is set on a timeless Brooklyn residential block with a neighboring playground. Vibrant DeKalb Avenue is just around the corner and the whole area is teeming with new shops, cafes, bars, restaurants and nightlife. There s the hip Skytown New American eatery, Mr. Kiwi s boutique grocery store providing fresh produce, healthy eating alternatives and craft beers, the brand new French bistro L Antagoniste, and trendy Khemistry Bar and Restaurant. The J train stops two short blocks from your front door.
Property Details
  • 4 Total Bedrooms
  • 4 Full Baths
  • Available 6/24/2015
Community Details
  • Walk-up (Bldg. Style)
  • Pets Allowed
Previously Listed By
Compass
Office: 917-239-2474
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