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$1,795,000

Beds
8
Baths
4.0
sq ft
3,120

333 Rutland Rd, Brooklyn, NY 11225

333 Rutland Rd

New York City, NY 11225

  • 23 days on market
Perfect for a 1031 exchange, this three-family townhouse was built less than 20 years ago. It has very low expenses and a good rent roll, with room to grow. Located next door to Lefferts Manor known for its picturesque single family homes. These large apartments make for highly desirable rentals in an area that suffers a shortage - and the building has a curb-cut for parking. Investment Potential: Offers immediate rental income and holds potential for future development. There is additional FAR to build more on the lot; the full-height basement could become valuable living space. Owner Occupant: Duplex the first floor with the basement, have 2,000 SF of living space plus a full garden and parking. Rental income from the two units above would pay the mortgage. Recent Renovations: The top two apartments have updated kitchens and bathrooms, each with three bedrooms and two bathrooms and a balcony. The first-floor apartment is a two-bed, two-bath. Mechanicals are in the basement with each unit separately metered for heat, cooking and electric, keeping carrying costs low. The basement has high ceilings and currently provides storage rooms for each unit, laundry facilities, and direct access to the garden. Location Benefits: Quiet, tree-lined community that has excellent access to subways and buses. Highly desirable neighborhood to be near the park and have great local favorites like Camillo nearby, a delicious Roman restaurant. For more details, including rent roll/expenses, please contact the listing agent. See video for more insight.

Details

Property type

Townhouse

Lot size

Unknown

Price per sq ft

$576

Year built

2007

Annual property taxes

$11,940

HOA

Yes

Price History

10/23/2024
REBNY

REBNY #COMP-1680861995017211921

Price change
$1,795,000
+5.59%
10/13/2024
REBNY

REBNY #COMP-1680861995017211921

Listed
$1,700,000

Schools & Community

Neighborhood: 

Prospect Lefferts Gardens

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 11/05/2024 at 5:45 AM

Listing updated: 10/31/2024 at 3:47 PM

Listed by: Kirsten Syrett, Compass Phone #: (212) 913-9058

MLS: REBNY #COMP-1680861995017211921

REBNY logo

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