484 Gates Avenue, Brooklyn, NY 11216

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$949,000 List Price
Off Market
8 Beds
6 Baths
5384 SF
 
Listing ID 10152674
Property Type Townhouse
County Kings
Township New York
Neighborhood Bedford Stuyvesant
School New York City Schools
Total Tax $365
FEMA Flood Map fema.gov/portal
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We have a \\"new construction\\" three family townhouse that has two three bedroom with two bathroom units and one two bedroom with two bathroom unit. All apartments are completely renovated with stainless steel appliances, hardwood floors, ceramic tiles and great closet space. The basement is large raw space that can easily be converted to living space. What make this property a FANTASTIC INVESTMENT OPPORTUNITY is based upon its current usage as \\"Bridge-Housing\\"; furnished short term rentals. The current owner runs an international short term leasing management firm. With her connections and expertise the rent roll for this building is $8800.00 a month!! The seller is offering to the new owner to help them manage the property for 6 months. This fully managed vacation rental property includes locating new tenants, maintenance and rent collection. This is an invaluable offering to someone that is not familiar with this type of real estate. This property is being sold \\"As Is\\". All units are fully furnished. Each has its own boiler and hot water heater. Taxes are $386/yr (19 years remaining of a 25 year tax abatement). The building boast two parking spaces that can be rented for additional income. There is a large backyard that the first tenant could enjoy and a terrace for the second floor and third floor tenant. The building is steps to the G train, ten minute walk to the A/C train, shopping, dining and nightlife. Ladies and gentlemen this is a rare opportunity that has come to market!
Property Details
  • 8 Total Bedrooms
  • 6 Full Baths
  • 5384 SF
  • 5384 SF Lot
  • 3 Stories
  • Available 3/22/2014
  • Townhouse Style
  • Full Basement
  • Lower Level: Unfinished
Interior Features
  • Open Kitchen
  • 17 Rooms
  • Living Room
  • Dining Room
  • Primary Bedroom
  • en Suite Bathroom
  • Walk-in Closet
  • Kitchen
  • Baseboard
  • Natural Gas Fuel
Exterior Features
  • Municipal Water
  • Municipal Sewer
Taxes and Fees
  • $365 Total Tax
Previously Listed By
Keith Frazier
FRAZIERS REALTY
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