SOLD FOR $1,100,000
· Sold at asking price · Closed May 4, 2016
$1,100,000
342 PARKSIDE Avenue
MLS® #RLS10103004
Listing by Halstead dba Brown Harris Stevens Residential Sales LLC
Studio
Bedroom
0
Bath
N/A
Sq. Ft.
N/A
Year Built
Sale Details
Property Summary
Description
3-Story, Brick-Facade, Investment Property: just off the corner of Bedford Ave, provides 3 rent stabilized rentals, & 1st floor unit vacant! This quality new-construction, multi-family, in trending, fast-appreciating Prospect Lefferts Gardens, has your name on it, whether you want to live in (& collect rents from the 2 remaining units) or be a pure investor, banking all 3 rents. Tenants pay own heat & hot water, so, increasing owner profitability. Lower-floor rental duplexes into a rec room/workout room/guest quarters & offers 2 BR's, 1.5 BA's. Middle and top floor rentals are 2 BR's, 1 BA. All units have new gourmet kitchens w. wood cabinets, tile floors & fresh appliances. Baths are tiled, with full-size tubs. Windows are thermal, and other mechanicals will save you money, due to eco features. There are 10 years left on 421A tax abatement, so taxes come in at about 1/3 the going rate for this fast-appreciating townhome neighborhood. Wide, treed block: just a wink from Q/B plus 2 & 5 trains, as well as 2 blocks from Prospect Park. Sizeable 20 X 48 mixed-construction gem. Roof, 7 years old. In contract now, but with factors that may make it available for your purchase, starting May 2016.
Property Details
Listing courtesy of Geraldine Griffin at Halstead dba Brown Harris Stevens Residential Sales LLC. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.