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$2,495,000

Beds
11
Baths
11.0
sq ft
6,080

563 20th St, Brooklyn, NY 11218

563 20th St

New York City, NY 11218

  • 52 days on market
<br>Welcome to 563 20th Street - an exceptional 5 Unit Property featuring 11 bedrooms, 10.5 bathrooms with 8-balconies, rooftop, 5 Parking Spaces and rear yard nestled in the highly sought-after Windsor Terrace neighborhood. This three-story rent-stabilized building, solidly constructed in 2002, spans an impressive 6,080 sq. ft. on a 40' by 80' lot, offers tremendous upside and phenomenal layouts.<br><br>Property Highlights:<br>- Building Size: Approximately 6,080 sq. ft. (40 ft. x 60 ft.)<br>- Lot Size: 40 ft. x 80 ft.<br>- Units: Five-unit building with 11 bedrooms and 10.5 bathrooms<br>- Balconies: Eight balconies, plus a rooftop and rear yard<br>- Parking: Garage with up to 6 parking spaces <br>- Basement: Full basement with five locked storage units, a 3-set coin-operated machine laundry room, and a mechanical room with meters<br><br>Residential Details:<br>- First Floor Duplex: A sprawling 1,627 sq. ft., 3-bedroom, 2.5-bathroom unit<br>- Upper Floors: Four sun-drenched, 2-bedroom, 2-bathroom apartments, each with two balconies<br>- Luxury Features: King-size primary ensuites with full baths, open-concept kitchens with eat-in islands, oak wood floors, French doors, and recessed lighting throughout<br>- Rooftop Potential: The rooftop offers an opportunity for furnishing and landscaping, with the potential to add value<br><br>Financials:<br>- Monthly Rent Roll: $12,527<br>-Expenses:<br>-- Heat: $342/month<br>-- Electric (Common Areas): $114/month<br>-- Insurance: $272/month<br>-- DEP: $300/month<br>-- Real Estate Taxes: $117.49/month<br>-- Partial tax abatement for 3 more years<br><br>This rent-stabilized building is delivered fully occupied with long-term, reliable tenants in good standing. With its prime location, strong rental income, and the potential for rooftop enhancement, 563 20th Street is an outstanding investment opportunity with upside.<br><br>Don't miss your chance to own this meticulously maintained property with tremendous upsides in one of Brooklyn's most desirable neighborhoods!

Details

Property type

Townhouse

Lot size

Unknown

Price per sq ft

$411

Year built

2002

Annual property taxes

$1,404

Price History

09/17/2024
REBNY

REBNY #RPLU-33423196567

Listed
$2,495,000

Schools & Community

Neighborhood: 

Windsor Terrace

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 11/08/2024 at 2:40 PM

Listing updated: 10/31/2024 at 3:16 PM

Listed by: Tam Le, Corcoran Group Phone #: (212) 355-3550

MLS: REBNY #RPLU-33423196567

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