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Single Family House for Sale in Brooklyn, New York, Brooklyn, NY 11208 | Web ID: 1013148 | $1,149,888

 
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Property Description

Presenting 192 Hale Avenue — A Solid Three-family Home With A Bonus Rear, Offering A Rare Combination Of Immediate Income And Built-in Upside In Brooklyn's Cypress Hills Neighborhood. Set On A 23 X 100 Lot With Approximately 3, 072 Sq. Ft. Of Building Space Across Three Stories (built 1901), This Is Exactly The Kind Of Well-positioned Multifamily That Today's Investors And Owner-occupants Are Searching For. The Unit Mix Is The Story Here. The First-floor Two-bedroom Will Be Delivered Vacant At Closing — Move-in Ready For An Owner-occupant Or Open For An Incoming Tenant At Market Rent. The Second- And Third-floor Three-bedroom Units Are Occupied By Long-term, Stable Tenants (18 Years In Place) Each Contributing $2, 000/month With Leases Running Through May 2027 — Predictable Income Today With A Clear Horizon For Repositioning Down The Road. A Bonus Structure Of Approximately 1, 000 Sq. Ft., Also Delivered Vacant, Offers Extra Space For The Buyer With Vision; It Needs Work, But The Potential Is Real. Behind The Walls, The Building Is Set Up For Efficiency: Four Separate Electric Meters, One Oil Boiler, And One Hot Water Heater. The Full, Unfinished Basement Has Already Been Excavated To Roughly Seven Feet With Two Exterior Entrances (front And Rear) — The Heavy Lifting Is Done For A Buyer Looking To Add Value Below Grade. Location Is A Genuine Advantage. The J Train, Highland Park, The Jackie Robinson Parkway, And A Full Range Of Neighborhood Conveniences Are All Close At Hand, With Manhattan Well Within Commuting Reach. Zoned R5b On A Residential Block In A Neighborhood Drawing Steady Attention All Type Of Buyers, 192 Hale Avenue Is A Flexible, Income-producing Entry Point Into Brooklyn Ownership.

Property Information

Location/Town New York
Area/County Brooklyn
Post Office/Postal City Brooklyn
Prop. Type Single Family House for Sale
Tax $5,478.00
Bedrooms 8
Total Baths 3
Full Baths 3
Year Built 1901
Basement Full
Construction Brick
Total Units 3
Lot SqFt 2,267
Cooling None
Heat Source Natural Gas
Util Incl Electricity Available
Condition Actual
Days On Market 6
Parking Features None
Tax Assessed Value 54540
Units 3
School District Contact Agent
Middle School Call Listing Agent
Elementary School Contact Agent
High School Contact Agent
Features First floor bedroom
Listing information courtesy of: EXP Realty

RealtyDepotNY

Tel: 718-896-0777
Cell: 347-219-2037
Fax: 718-896-7020

 

 

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  • 103-13 Queens Blvd., Forest Hills, NY 11375
  • Email: info@realtydepotny.com
  • Phone: 718-896-0777
  • Fax: 718-896-7020

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