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422 E 31st St | Brooklyn NY | 7275392530

Joshua Golan

This listing was posted on RealtyWW.

$3,999,000

Home For Sale In Brooklyn, New York

Price:
$3,999,000
BR/BA:
10+ BR, 10+ BA
Location:
422 E 31st St, Brooklyn, NY
Description:

Welcome to 422 E 31 St, Brooklyn, a fantastic investment opportunity in the vibrant Flatbush neighborhood of Brooklyn! This 10-unit residential apartment building was fully renovated in 2024, boasting modern interiors and amenities spanning 8, 764 square feet. Each unit features hardwood floors, beautiful white kitchens with stainless steel appliances, and spacious interiors, providing residents with comfortable and contemporary living spaces. The building offers additional amenities, including a laundry room for residents' convenience, a rooftop with stunning views, large open cellar - great for common recreational use, and five parking spaces for added convenience. Benefitting from a 35-year 421-A Tax Abatement (pending), this property presents an excellent opportunity for investors looking to expand their portfolio. All ten apartments are leased, offering immediate income potential. Less than 500 ft away is the MTA 2 and 5 trains making transportation a breeze! The neighborhood boasts a mix of residential streets lined with historic brownstones and a wide variety of dining and shopping options. Flatbush is also home to several cultural institutions, including the Brooklyn College campus and the historic Kings Theatre, which hosts concerts, performances, and events. With easy access to public transportation, including multiple subway lines and bus routes, Flatbush offers residents convenient connections to the rest of Brooklyn and Manhattan. Additionally, the neighborhood is bordered by Prospect Park, providing plenty of green space and outdoor recreational opportunities for residents to enjoy. Contact us for more information regarding the rent roll and expenses. Don't miss out on this fantastic opportunity to own a fully renovated, income-producing property in the heart of Flatbush, Brooklyn!For more details: https://realtyww.info/homes_brooklyn-d523175/for-sale_i72021783
Property Type:
Single-Family Houses
Sq feet:
764 sq. ft.
Amenities:
Parking, Wood Floors
Posted:
May 19 on RealtyWW
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More About this Listing: Home For Sale In Brooklyn, New York
Home For Sale In Brooklyn, New York is a 10+ BR 10 Bathroom, 10+ BA, 14 Bathroom Single-Family Homes for Sale at 422 E 31st St in Brooklyn NY. Find other listings like Home For Sale In Brooklyn, New York and listings near 422 E 31st St by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 14 Bathroom Single-Family Homes for Sale in Brooklyn NY.