Sold on 1/6/2017
260 Schenectady Avenue
MLS® #RLS10065908
Listing by Sotheby's International Realty
21
Bedrooms
8
Baths
9,744
Sq. Ft.
1908
Year Built
Quick Summary
Property Highlights
- Style: Prewar architecture
- Character: Pre-war building (1908)
Property Details
Description
DON'T MISS this unique opportunity to invest in an income producing apartment building in the burgeoning section of Crown Heights, just one block from the Utica 3/4 subway and 1 stop from thriving Franklin Avenue. This pre-war rental building is approximately 9744 sq. ft. and is comprised of eight 3BR apartments, with great ceiling height, views and light. Six of the units are already vacant. Although this is an 'as is' property in need of a gut renovation, the seller has already replaced the boiler, water tanks and kitchen stacks. The basement is spacious with good ceiling height and can be viewed along with the vacant units. The property will be delivered with 6 vacant apartments and two rent stabilized tenants: apt 1 for $933.55 and apt 7 for $979.67. Crown Heights, which is often compared to Bedford Stuyvesant is in full-blown development. This building is a rare find and a phenomenal investment opportunity.
Building Information
About Crown Heights
View All Crown Heights ListingsCrown Heights is a dynamic and architecturally rich neighborhood in the heart of Brooklyn. Famous for its grand boulevards and impressive collection of pre-war apartment buildings and brownstones, the area offers a sense of scale and history. Residents enjoy proximity to the Brooklyn Museum, the Botanic Garden, and a thriving restaurant scene along Franklin and Nostrand Avenues, making it a popular choice for those seeking space and culture.
Location
260 Schenectady Avenue, Crown Heights, Kings County • Near Lincoln Place/Saint Johns Place
Floor Plans
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Map & Location
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Listing Courtesy of Sotheby's International Realty - Abigael Maryan
Listing Contact: (646) 454-0494
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