Pending

521 Decatur Street

Brooklyn NY, 11233

$2,400,000


$740.74 per sqft

Pending

8 Beds

6 Baths

3,240 sqft

Multi-family

Looking for a blank slate on which to execute your investment opportunity objectives? Look no further. 521 Decatur St is the perfect investment opportunity. A full gut renovation has just been completed on the ground floor and parlor levels. Each floor consists of expansive, modern, luxury 2-bedroom, 2-bath units. Each unit features a modern kitchen with dishwasher, stone countertops with ample prep and cooking space, stainless steel sinks, ranges and plentiful cabinet storage. Modern conveniences such as split unit air-conditioning are in every room. The bathrooms are outfitted with the modern fixtures and designed to accommodate the tastes of today's most demanding tenants. Best of all, each unit has its own, individually accessible outdoor space - a fantastic personal getaway oasis replete with slate ground covering and unique outdoor living space that 21st century tenants require. As of October 31st the building will be completely vacant, primed for the investor interested in leveraging immediate income opportunities. The 3 and 4th floor units are floor-through apartments with ample living space and loads of "light-and-air." In today's highly competitive rental environment of increased competition for quality units that can command higher tier income objectives, 521 Decatur Street is the rare find with the ability to exceed those objectives.

521 Decatur Street is also located on a beautiful tree-lined block full of gorgeous historic homes, close to the C Train at Ralph Avenue and J & Z Train at Chauncey Street along with a list of local bars and restaurants such as Chez Oskar, Le Antagonist, Saraghina, Bar Lunatica and host of others conveniently located in Bedford Stuyvesant.

RPLU-850721826014

MLS ID

June 1, 2022

Listed

March 27, 2024

Updated

Map

521 Decatur Street
Brooklyn NY, 11233

Interior Features

Total Stories

4


Bedrooms

8 Beds


Bathrooms

6 Baths


Laundry Description

In Unit


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Architectual Style

Walk-Up

Other Property Details

Taxes

$63,096


Tax Frequency

Annually


Garage

No


View

No


County

Kings


Pool

No


Zoning

null


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

11/11/2023

Pending

Courtesy of Brown Harris Stevens Brooklyn LLC with Isaiah Ajala, Darnell Thornton
Listing Contact: (719) 399-4166 

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.

©2024 The Real Estate Board of New York, Inc., All rights reserved

Data last updated 11:53 PM UTC, 3/27/2024

 

Powered byLuxury Presence