1650 SAINT JOHNS PLACE, CROWN HEIGHTS, NY 11233

OVER 5000 SQ. FT. LEGAL 2 FAMILY DELIVERED WITH PAYING TENANTS WITH LEASES. 7 BED/5 BATH DUPLEX $5665/MONTH, 1 YEAR LEASE BEGAN ON 12/22 AND WAS RENEWED ON 12/23 FOR 1 YEAR. UNIT 1: 5 BED/4 BATH DUPLEX $4635/MONTH, 1 YEAR LEASE BEGAN ON 02/23 AND WAS RENEWED ON 02/24 FOR 1 YEAR. BOTH UNITS ARE RENTED BY TENANTS WHO SUBLEASE OUT TO OTHER INDIVIDUALS, FOR UNIT 2 NYU STUDENTS, FOR UNIT 1 NURSES AT A NEARBY HOSPITAL. THE LESSEE IS ONE INDIVIDUAL WHO IS RESPONSIBLE FOR THE WHOLE UNIT. EXPENSES: ~$200 MONTH FOR DEP, ~$800 FOR A LOCAL PROPERTY MANAGEMENT COMPANY THAT PROVIDES TRASH, RODENT, SNOW, AND ON-CALL REPAIRS. TENANTS PAY UTILITY. THE BUILDING WAS STRUCTURALLY RENOVATED IN 2016, WITH SPRINKLER SYSTEM, HIGH-END WINDOWS, NEW WALLS, ROOMS, INTERIOR STAIRS, PENTHOUSE ALONG WITH PATIO ROOF.