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427 36th St., Brooklyn, NY 11232

Active Listing
Listing Details:
$1,500,000 Price
Single-Family Townhouse Property Type
Greenwood Neighborhood
4 Beds
3 Baths
2,295 Approx. Sq. Ft.
$395 RET
Key Features:
Allows Pets
Unit Balcony
Unit Garden

Legal 3 family on a treelined block in prime Greenwood Heights, 17 x 45 on 17 x 100 lot. Currently set up as 3 rentals with a cap rate of 4.2% as is, 5.3% with improvements. Easy to convert to single family or duplex with rental. 3 stories plus finished basement.

Current Rent Roll
Garden Apt: 1 bedroom 1 bath plus oversized backyard ($1900), currently vacant
Apt 2: 1+ bedroom 1 bath plus balcony ($2100)
Apt 3: 2 bedroom 1 bath ($1850)

ProForma with improvements
Garden Apt: $2600
Apt 2: $2500
Apt 3: $2200

About Greenwood Heights:
*Greenwood is a well-kept secret for those seeking a quiet and affordable neighborhood with easy and quick access to Manhattan.
* One block from express train stop (N, D, R) 2 stops to downtown Manhattan, 20 minutes to Union Square!
* Walking distance to hot Industry City, bustling Sunset Park and trendy South Slope. A longer stroll up 4th Ave brings you to Barclays Center and Atlantic Terminal.

Listing courtesy of Compass

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