698 Macon Street

Bedford Stuyvesant, 布鲁克林, NY 11233

THREE FAMILY FOUR STORY VACANT BROWNSTONE BUILDING APPROVE FOR FOUR FAMILY

An 18' wide 3-unit four-story brown stone building which is being sold with approve plans for a four unit building. The first and second floor is a duplex two-bedroom garden apartment in need of gut renovation. The third floor is a two-bedroom floor-through apartment in need of gut renovation. The fourth floor is a renovated two-bedroom floor-through apartment. The property has new risers for the electric and plumbing. New gas boiler and water heater and is fully sprinklered. An investor or user can quickly convert to a four family which would increase the market value of the property.

First & Second Floor Duplex Apartment: The first floor is a one-bedroom apartment which has access to the back yard and basement. This floor has 9' ceilings. The second floor is a one-bedroom apartment, the bathroom and kitchen must be built out, but the plumbing is already there. This floor has 12' ceilings. The duplex unit is in need of gut renovation, the approved four family plans separates it into two apartments.

Third Floor: The third floor is a two-bedroom floor-through apartment in need of gut renovation. There is a bedroom to the front and back. The full kitchen/dining area is located to the middle of the apartment along with the full bathroom which is at the back. The unit has 12' ceilings.

Fourth Floor: This floor is a renovated two-bedroom floor-through apartment, with the same layout as the third floor. There is a bedroom to the front and back. The full kitchen/dining area is located to the middle of the apartment. The kitchen has stainless steel appliances also a big skylight. There's also a skylight in the common area of the apartment. The full bathroom is located at the back. The unit has nice hard wood floors, and new windows. The apartment has 10' ceilings.

The basement has 7' 7'' ceilings, the gas boiler and water heater is new. There's four slots for the gas and electric meters.

The property is a great user opportunity, a user can occupy the duplex apartment, and use a portion of the air rights to expand the first floor and basement to create more space. They can rent out the third floor and fourth floor two-bedroom apartment for income.

The building is also a great investment opportunity, an investor can update the C oF O for a four family and rent out each floor. The units can have their own boilers and water heaters.