Investor Opportunity | Modern Three-Family with Parking | Prospect-Lefferts Gardens
Modern three-family townhouse offering strong in-place income with significant upside. The property consists of two 3-bedroom, 2-bath apartments and one 2-bedroom, 2-bath apartment, plus private parking via a rare curb cut.
Low operating expenses, separate meters, and immediate cash flow make this an ideal long-term hold or 1031 exchange opportunity. Additional FAR provides potential for future expansion, and finishing the basement could further enhance returns.
Units #2 and #3 have been upgraded with new kitchens and bathrooms. The basement includes individual storage rooms, washer/dryer, common bike storage, and direct access to the garden.
Located just east of Nostrand Avenue, directly adjacent to the Prospect-Lefferts Gardens Historic District--an area experiencing continued demand, rising rents, and strong appreciation. Excellent subway and bus access along Nostrand Avenue, with proximity to Prospect Park, Brooklyn Botanic Garden, and Brooklyn Museum.
