Description

With the quintessential character of brownstone Brooklyn, the premier location in the heart of historic Carroll Gardens, and the incredibly low taxes, the possibilities at 409 Union Street are enticing for buyers and investors alike. At 19.4ft wide, this 3120sf, three family home consists of 4-stories plus a full cellar, a classically Carroll Gardens deep front yard and a tremendous backyard for quiet relaxation. Keep as an income generating investment, combine the units for a double duplex or convert into a single-family home of distinction. The choice is yours. The traditional brownstone entrance welcomes you while the high ceilings, exposed brick, marble fireplace, wood floors and restored stained glass nods to the homes historical elegance. Currently configured as a garden level studio apartment with access to the backyard, a large floor through one bedroom apartment on the parlor level, and two light and airy, floor through 1.5 bedroom apartments on the third and fourth floors, all with individual in-unit w/d's. The full cellar runs the entire length of the building offering additional space for a recreational room, home gym or office and plenty of storage. Located between Smith and Hoyt Streets with some of the best of the neighborhoods shopping, dining and entertainment all a few blocks in any direction, as well as the F and G train station for an easy ride into Manhattan. Projected rent roll approximately $147K, projected NOI approx. $131K- projected cap rate 4.5% Delivered vacant. Showings begin November 2nd.
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$2,950,000

Listed on Oct 11, 2019

64 Days on Market

- Beds / - Baths / - ft²

Total Monthly expenses: $612

Maintenance: - / R.E. Taxes $612

Other Details:

Three Family

Lot Size: 19.33' x 90.0' Built: 19.33' x 40.0'

Zoning: C0

Exclusively listed with: The Corcoran Group

ToniAnn Cusumano

toniann.cusumano@corcoran.com

(718) 765-3741

Listing Courtesy of The Corcoran Group View Listing

Unit listing history

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