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521 Decatur St., Brooklyn, NY 11233

$2,400,000
Active Listing
Listing Details:
$2,400,000 Price
Single-Family Townhouse Property Type
Stuyvesant Heights Neighborhood
8 Beds
6 Baths
3,240 Approx. Sq. Ft.
$5,258 RET
Key Features:
Unit Garden
Description:

Looking for a blank slate on which to execute your investment opportunity objectives? Look no further. 521 Decatur St is the perfect investment opportunity. A full gut renovation has just been completed on the ground floor and parlor levels. Each floor consists of expansive, modern, luxury 2-bedroom, 2-bath units. Each unit features a modern kitchen with dishwasher, stone countertops with ample prep and cooking space, stainless steel sinks, ranges and plentiful cabinet storage. Modern conveniences such as split unit air-conditioning are in every room. The bathrooms are outfitted with the modern fixtures and designed to accommodate the tastes of today's most demanding tenants. Best of all, each unit has its own, individually accessible outdoor space - a fantastic personal getaway oasis replete with slate ground covering and unique outdoor living space that 21st century tenants require. The garden and parlor levels will be delivered vacant for the investor interested in leveraging immediate income opportunities. The 3 and 4th floor units are floor-through apartments with ample living space and loads of "light-and-air." Currently, each apartment is occupied by month-to-month tenants. Upon possession, restructure the existing lease scenarios or define new terms according to current market conditions. In today's highly competitive rental environment of increased competition for quality units that can command higher tier income objectives, 521 Decatur Street is the rare find with the ability to exceed those objectives.

521 Decatur Street is also located on a beautiful tree-lined block full of gorgeous historic homes, close to the C Train at Ralph Avenue and J & Z Train at Chauncey Street along with a list of local bars and restaurants such as Chez Oskar, Le Antagonist, Saraghina, Bar Lunatica and host of others conveniently located in Bedford Stuyvesant.

Listing courtesy of Brown Harris Stevens

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