797 Vermont Street, East New York, NY, 11207 New York City NY US

USD 1,300,000
For Sale MLS: 3501209

Property Details

Bedrooms

13

Bathrooms

2

Neighborhood

East New York

Property Type

MultiFamily

Description

Introducing 797 Vermont Street, nestled in the heart of East New York, Brooklyn's fast-growing and budget-friendly neighborhood. This picturesque tree-lined street sets the stage for an exquisite living experience within a captivating decorative brick building on 28x100 lot Perfectly tailored for investors or families in pursuit of both value and prime location, this meticulously renovated four-unit gem stands as a beacon of opportunity. The renovated four-unit, semi-detached property is fully occupied and is ideal for investors and end-users who want a home and an income opportunity. The building welcomes you with a large and impressive foyer and boasts 4 thoughtfully designed apartments, three with 3 bedrooms and one with 4 bedrooms, each with an inviting eat-in kitchen, a well-appointed full bath and a comfortable living room. The convenience of individual water heaters for each unit ensures personalized comfort for all residents. Stunning wood floors provide warmth and beauty throughout. Unlock the potential of this property, which is zoned R6 and offers an additional 3,500 square feet of buildable space through air rights. Several new buildings, the Gateway Mall, new shopping opportunities, trains and buses are nearby that help make this an outstanding opportunity for investors to earn more than 6.5 % cap rate for a high income producing property with low expenses and tenants pay all utilities. Find out more about this property. Request details here

Location

Address

797 Vermont Street, Brooklyn, New York 11207, United States

City

New York

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