Building
| Type: | Low-rise |
|---|---|
| Era: | Pre-war |
| Floors: | 4 |
Property
| Ownership: | income-property |
|---|---|
| Rooms: | 34 |
| Bedrooms: | 2 BR |
| Bathrooms: | 2 |
| Pets: | Pets Unknown |
FinancialsPrice: $3,800,000
| Price: | $3,800,000 |
|---|
DescriptionIncredible Investment Opportunity: Fully leased, 8-Unit New Development For Sale at 576 Lenox Road.
This brand new, 4 story, boutique, rental building is located on a beautiful tree-lined street in the heart of East Flatbush, just down the road from the prestigious SUNY Downstate Medical Center, and in close proximity to Prospect Park and the Winthrop 2, 5 subway line.
Built on a 60x90 ft. lot, this stand-alone building has tons of curb appeal with its gated and manicured property flanked by two stunning Sycamore trees. Built to approximately 8044 sq. ft. with eight comfortable and generously sized homes designed to please even the most discerning renter. Comprised of two, 1 BR apartments with large private terraces, two 2 BR, 1.5-bathroom apartments, and four 2BR/2Bath apartments there is something for everyone. Featuring smart layouts with plenty of room for living, dining and more. Gorgeous hardwood floors run throughout the homes, and high ceilings, floor to ceiling windows and 3 exposures keep the apartments bright and airy all day long. The stylish modern kitchens boast ample storage and are equipped with a high-end appliance package including stainless steel dishwashers, refrigerators, microwaves and gas ranges. The bathrooms are clean and sophisticated and every apartment has a bathtub. The spacious bedrooms have large closets and will accommodate either king- or queen-sized beds. Zoned heating and cooling and video intercom systems complete the apartment packages. A central laundry room and bike storage are available for renters as well. Four, gated and covered, double parking spaces plus another 3 uncovered parking spaces are available On-site bringing in additional rental income as well.
35 Year, 421-A Tax Abatement in place.
Current rent roll boasts a 6.5% Cap Rate.
Please inquire for more information or for a Set Up
AmenitiesBike Room; Outdoor Parking; Laundry Room;
- Terrace
- laundry-room
- Video Intercom
- Walk-up
Incredible Investment Opportunity: Fully leased, 8-Unit New Development For Sale at 576 Lenox Road.
This brand new, 4 story, boutique, rental building is located on a beautiful tree-lined street in the heart of East Flatbush, just down the road from the prestigious SUNY Downstate Medical Center, and in close proximity to Prospect Park and the Winthrop 2, 5 subway line.
Built on a 60x90 ft. lot, this stand-alone building has tons of curb appeal with its gated and manicured property flanked by two stunning Sycamore trees. Built to approximately 8044 sq. ft. with eight comfortable and generously sized homes designed to please even the most discerning renter. Comprised of two, 1 BR apartments with large private terraces, two 2 BR, 1.5-bathroom apartments, and four 2BR/2Bath apartments there is something for everyone. Featuring smart layouts with plenty of room for living, dining and more. Gorgeous hardwood floors run throughout the homes, and high ceilings, floor to ceiling windows and 3 exposures keep the apartments bright and airy all day long. The stylish modern kitchens boast ample storage and are equipped with a high-end appliance package including stainless steel dishwashers, refrigerators, microwaves and gas ranges. The bathrooms are clean and sophisticated and every apartment has a bathtub. The spacious bedrooms have large closets and will accommodate either king- or queen-sized beds. Zoned heating and cooling and video intercom systems complete the apartment packages. A central laundry room and bike storage are available for renters as well. Four, gated and covered, double parking spaces plus another 3 uncovered parking spaces are available On-site bringing in additional rental income as well.
35 Year, 421-A Tax Abatement in place.
Current rent roll boasts a 6.5% Cap Rate.
Please inquire for more information or for a Set Up
Bike Room; Outdoor Parking; Laundry Room;
- Terrace
- laundry-room
- Video Intercom
- Walk-up
Incredible Investment Opportunity Fully leased, 8 Unit New Development For Sale at 576 Lenox Road.
DescriptionIncredible Investment Opportunity: Fully leased, 8-Unit New Development For Sale at 576 Lenox Road.
This brand new, 4 story, boutique, rental building is located on a beautiful tree-lined street in the heart of East Flatbush, just down the road from the prestigious SUNY Downstate Medical Center, and in close proximity to Prospect Park and the Winthrop 2, 5 subway line.
Built on a 60x90 ft. lot, this stand-alone building has tons of curb appeal with its gated and manicured property flanked by two stunning Sycamore trees. Built to approximately 8044 sq. ft. with eight comfortable and generously sized homes designed to please even the most discerning renter. Comprised of two, 1 BR apartments with large private terraces, two 2 BR, 1.5-bathroom apartments, and four 2BR/2Bath apartments there is something for everyone. Featuring smart layouts with plenty of room for living, dining and more. Gorgeous hardwood floors run throughout the homes, and high ceilings, floor to ceiling windows and 3 exposures keep the apartments bright and airy all day long. The stylish modern kitchens boast ample storage and are equipped with a high-end appliance package including stainless steel dishwashers, refrigerators, microwaves and gas ranges. The bathrooms are clean and sophisticated and every apartment has a bathtub. The spacious bedrooms have large closets and will accommodate either king- or queen-sized beds. Zoned heating and cooling and video intercom systems complete the apartment packages. A central laundry room and bike storage are available for renters as well. Four, gated and covered, double parking spaces plus another 3 uncovered parking spaces are available On-site bringing in additional rental income as well.
35 Year, 421-A Tax Abatement in place.
Current rent roll boasts a 6.5% Cap Rate.
Please inquire for more information or for a Set Up
AmenitiesBike Room; Outdoor Parking; Laundry Room;
- Terrace
- laundry-room
- Video Intercom
- Walk-up
Incredible Investment Opportunity: Fully leased, 8-Unit New Development For Sale at 576 Lenox Road.
This brand new, 4 story, boutique, rental building is located on a beautiful tree-lined street in the heart of East Flatbush, just down the road from the prestigious SUNY Downstate Medical Center, and in close proximity to Prospect Park and the Winthrop 2, 5 subway line.
Built on a 60x90 ft. lot, this stand-alone building has tons of curb appeal with its gated and manicured property flanked by two stunning Sycamore trees. Built to approximately 8044 sq. ft. with eight comfortable and generously sized homes designed to please even the most discerning renter. Comprised of two, 1 BR apartments with large private terraces, two 2 BR, 1.5-bathroom apartments, and four 2BR/2Bath apartments there is something for everyone. Featuring smart layouts with plenty of room for living, dining and more. Gorgeous hardwood floors run throughout the homes, and high ceilings, floor to ceiling windows and 3 exposures keep the apartments bright and airy all day long. The stylish modern kitchens boast ample storage and are equipped with a high-end appliance package including stainless steel dishwashers, refrigerators, microwaves and gas ranges. The bathrooms are clean and sophisticated and every apartment has a bathtub. The spacious bedrooms have large closets and will accommodate either king- or queen-sized beds. Zoned heating and cooling and video intercom systems complete the apartment packages. A central laundry room and bike storage are available for renters as well. Four, gated and covered, double parking spaces plus another 3 uncovered parking spaces are available On-site bringing in additional rental income as well.
35 Year, 421-A Tax Abatement in place.
Current rent roll boasts a 6.5% Cap Rate.
Please inquire for more information or for a Set Up
Bike Room; Outdoor Parking; Laundry Room;
- Terrace
- laundry-room
- Video Intercom
- Walk-up
RLS Data display by Nest Seekers LLC.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.