OUSTANDING 4 STORY 5 UNIT LIMESTONE IN PRIME CROWN HEIGHTS 186 New York Avenue Brooklyn NY 11216

Property Detail

Type Status Location Sub Location Price $2,695,000 Bedrooms8Bathrooms6.5Year Built1898NeighborhoodCrown Heights

Property Description

Built in 1898 by Architect and builder D’Oench & Simon in the renaissance revival style, 186 New York Avenue is an outstanding semi-detached limestone with its architecturally stunning façade. This 20 wide 4 story townhouse offers a rare opportunity to live in and invest in a legal 5 unit property. Nearing 5000 square feet, it consists of, on upper 2 floors: 2000 square feet owners duplex with 4 br / 2.5 baths and a large private terrace , and on the lower 2 floors: 2 spacious 1 br / 1 bath apartments and 2 large studio apartments in the 2 story rear yard extension.
Most of the units including owners duplex still maintain the pre-war charm in its original parquet flooring, molding, wainscoting, built-in shelves, decorative fireplace, bay windows…
Located in the heart of the scenic rowhouses and mansions area of land-marked Crown Heights and only a few short blocks to subway transportation (30 minutes to Union Square),  the Brooklyn Children s Museum,  new upscale cafes, bars, restaurants and boutiques on Nostrand and Hip Franklin Ave. Also, Nearby  Prospect Park, the Brooklyn Museum, Barclay center etc..
For investors, this rare gem has endless of investment potential to substantially increase the property value, by duplexing the garden front and rear apartments with the basement currently unfinished and upgrading the units to luxury rentals and/or converting them into condominiums.
Will be delivered vacant, so come on and make this your dream home and investment.

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Contact Agent

Licensed Real Estate Broker
(718) 333-5328
(718) 629-8060

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