Prime 1031 Exchange property with low annual expenses and a current rent roll of $124,200.
Rent Roll Breakdown:
Located in the serene Bedford Stuyvesant neighborhood, is a 3-bedroom owner's duplex, 3-bedroom floor-through parlor and 3-bedroom garden duplex. This renovated three-family Brownstone is a sophisticated blend of pre-war charm and modern luxury. Spanning 4,500 interior square feet and 1,415 exterior square feet, plus a finished basement, renovated rooftop, backyard and patio, 205 Van Buren Street offers 3 perfectly configured income generating units.
The owner’s duplex, which is currently rented for $4,750 features 3 bedrooms plus a den, 3 bathrooms, a large open kitchen, a furnished roof deck and a washer/dryer hook up. The parlor floor is comprised of 3 bedrooms, 1 bathroom, an open kitchen and a patio located off of the bedroom. Additionally, the parlor floor offers exposed brick and 10 foot ceilings.
The garden duplex is outfitted with 3 spacious bedrooms, a finished basement with a washer and dryer, 1 bathroom and an expansive private backyard.Additional features of this elegant home include exposed brick, decorative fireplaces, 10 foot, central AC/Heat and a beautifully refinished facade. 205 Van Buren Street is conveniently located near the J,M,Z trains, Saraghina, Peaches and Barons.