417 DE GRAW STREET, #2

Gowanus, Brooklyn, NY 11217

A new condominium conversion by ECKSTROM NYC.

Investors only. A+ Tenant in place until 2/1/25 with a right for a 6 month extension paying $16,000 a month. Protected Tax Class 2B property, with a cap in property tax increases of no more than 8% per year and no more than 30% over 5 years. Low maintenance, professionally managed, zero up front investments in upgrades or repairs. Perfect 1031 Exchange, can close ASAP.

Full floor four bedroom, three bathroom, terrace, key locked elevator.

Located on a quiet tree lined block in picturesque Boerum Hill, the six residences at the 415 Degraw Condominium are a carefully curated collection of full floor homes and two duplexes located in a rare, 47 feet wide, turn of the century pre-war building. Fully updated and redesigned in the soft minimalist style, ECKSTR M has again created a home that focuses in well being by refining the spaces into their purest form using honest, natural materials and simple forms.

Rarely seen in brownstone Brooklyn, Residence Number Two is a full floor home with four exposures, four bedrooms, three bathrooms and a large set back terrace, all laid out in one single level of almost 2,200sf. Enter through a lock keyed elevator, the private landing/foyer leads you into a serene space with thoughtfully selected finishes that include wide plank oak wood floors, concrete like mineral Caesarstone backsplash and countertops, custom Shinnoki wood cabinets, Miele appliances and European light fixtures by Astro and Lamberts et Fils. Bathrooms feature fixtures by Grohe and Duravit with tiles and a stand alone Krion bath tub all by Porcelanosa, imported from Spain.

Just steps from Smith Street and Carroll Park with all the neighborhood conveniences and culinary delights that the neighborhood has to offer, 415 Degraw offers a convenient location, yet enjoys a quiet, tree lined block tucked away from heavy traffic and noise. This boutique condominium offers a virtual doorman, package room and a porter service, all with the lowest monthly charges for new construction in the area.

Pics are of the actual apartment. No access without an offer.

Opportunity to buy a two car parking spot in the building. Please see separate listing for info.

The complete offering terms for the 415 Degraw Street Condominium are in offering plan available from the sponsor. File # CD22-0149.