Summer Steal! $100,000 price drop. Generously proportioned, sunny, 20 foot wide three-family brick townhouse (legal four-family; no mansion tax) on a charming tree-lined block in Boerum Hill. Great bones! The house features a three-bedroom/two-bath owner's duplex renovated in 2011. It includes an eat-in kitchen complete with black pearl granite counters, glass tile back splash and stainless steel appliances, plus a garden in front and a large (20X40) south-facing backyard with a new cedar fence and decking. A large cellar (7' ceiling) with a side by side washer and vented dryer is perfect for storage. Two large two-bedroom market-rate rentals complete the top two floors and all units have exposed brick walls. The duplex will be delivered vacant and the two-bedroom rentals are leased through September, 2015 with exceptional tenants. 3200 square foot well laid-out interior with an additional 1700 square feet available to build up or out if you wish. Live with income as is, very simply combine the upper floors to create a massive upper duplex with roof deck, transform the house into an enormous single family or convert to condos. With its new roof, new windows, new carpeting, recently pointed front and back, and solid infrastructure, an investor or end-user can move right in. Neighbors on this block have formed a long-standing, strong and tight-knit community with a hugely popular annual block party, making this one of the most pleasant and secure blocks in Boerum Hill. Surrounded by amenities, 482 Warren is close to fine dining on Atlantic or Smith, the F, A and C trains and a short and charming, tree-lined walk leads to the rapidly expanding BAM Cultural District (soon to surpass Lincoln Center in size and scope), the new Barclays Center and the Atlantic/Barclays Terminal (2,3,4,5,B,D,N,Q,R trains and the LIRR). The block also borders the iconic Gowanus District (quickly becoming Brooklyn's Chelsea) with new restaurants, cafes, galleries and supermarkets already in place. At $797 per square foot, this is by far the best deal in Boerum Hill. Projected monthly rent roll beginning October 1 is $10,550 ($126,600 annually).
Architecture Style: Other
Roof Type: Unknown
Rooms: Bedroom, Full Bath, Kitchen, Laundry Room