Multi Family, 1390 Eastern Parkway #, Ocean Hill - Real Estate New York

Description

ARE YOU LOOKING FOR A TURNKEY INVESTMENT OPPORTUNITY? You won't want to bypass this one. The upgrades for a rental property are exceptional; all separate meters, tankless water systems operating for each unit along with the Nest thermostat. Generating approximately $90K from May to December, low operating costs and exceptionally low taxes under $3K, this is a true gem with absolutely zero work to be done except turning the key. Experience luxury and expansive living at this stunning, solid-brick, 3-family residence on Eastern Parkway. With a generously sized 3,795 lot, whether you're searching for your ideal home or a savvy investment, this property offers low operating expenses and strong rental income potential. It is a perfect choice for both homeowners and investors alike. This entire property has been renovated with precision and style, featuring high-end finishes, stainless steel appliances which include brand-new designer kitchens and bathrooms with neutral tone palettes. Throughout each floor, you will find wide plank oak hardwood floors adding warmth, in addition to the natural lighting beaming in from its bay windows and skylights. The exceptionally high ceilings enhance each unit to exude an expansive feel. The property features a thoughtfully designed layout consisting of 4 stories with the cellar. As you enter the garden level, a flexible 3+ bedroom, 3-bathroom duplex connects to a finished basement with its exceptional high ceilings, adding extra living space and direct access to a massive private backyard. Heading up to the second story, it offers a comfortable 3-bedroom, 2-bathroom unit, open floorplan kitchen/dining combo with a kitchen island. Moving along to the 3rd story, you enter into another open layout where the kitchen and living and dining space fuse. It consists of spacious 4-bedroom, 3-bathroom full-floor unit. Each unit has a washer dryer and also has separate hot water heaters for each unit's convenience, an upgraded HVAC system, and a brand-new main sewer line. A shared driveway at the rear of the property ensures ample parking for residents which is a great plus. The highly desirable Crown Heights neighborhood along the historic Grand Eastern Parkway, this residence is just blocks from the 3/4 subway lines, providing easy access to local businesses, Prospect Park, and a quick commute to Manhattan, not to mention the fantastic property taxes which fall under $3,000 annually! Listing courtesy of Compass ...
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