A three-story, multi-family rental property nestled across the street from Herbert Von King Park, 700 Lafayette is an incredibly rare investment opportunity to own in the heart of Bedford-Stuyvesant. The building sits on a spacious corner lot and has been built out to its maximum potential. It features a trio of renovated, income-producing rental units, all of which come with tenants in place.
Each unit has hardwood floors, plenty of natural light, living and dining rooms, 2 bathrooms with sleek fixtures, and a modern kitchen with tiled floors and stainless steel appliances. The first floor has 2 bedrooms, while the second and third floors each have 3. There is also an unfinished basement.
700 Lafayette is close to all the restaurants, cafes, bars, grocery stores, and shops that line Tompkins, Nostrand, and Dekalb Avenues. In addition to being across the street from Herbert Von King Park, the building is also just steps from several community playgrounds and gardens. Nearby subway lines include the A/C/G/M/J/Z.
Can be purchased as a package deal with the attached building, 702 Lafayette Ave. The buildings have the potential to be converted into condos.