1124 Greene Ave

Rarely available: 3-Family with 3 income producing rentals. Income in every foot. Looking for an investment property with great cash flow? Want a Cap Rate near 6%? INVESTOR DELIGHT is for you! Tenant ready property on tree-lined block with 1800 sq feet of air rights. On the border of Bed-Stuy and Bushwick, it’s a brownstone with stoop and three income producing rentals. Hot appeal to renters from Williamsburg and central Bed-Stuy. Late-hours laundry, corner store, and cafe within half a block! Units are recently renovated and feature historic pre-war details extenuated by upgraded appliances and bathrooms, new cabinetry and kitchen, individual electric meters, turnkey and cash in! Each unit boasts approximately 1000-1100 square feet. Additional income available for minimal effort. The full basement and opportunity to create a duplex give way to endless possibilities. FAR of 2.43 provides a maximum allowable of 4,860 sq. ft. Bring an architect to build another unit!