Looking for a blank slate on which to execute your investment opportunity objectives? Look no further. 521 Decatur St is the perfect investment opportunity.
A full gut renovation has just been completed on the ground floor and parlor levels. Each floor consists of expansive, modern, luxury 2-bedroom, 2-bath units. Each unit features a modern kitchen with dishwasher, stone countertops with ample prep and cooking space, stainless steel sinks, ranges and plentiful cabinet storage. Modern conveniences such as split unit air-conditioning are in every room. The bathrooms are outfitted with the modern fixtures and designed to accommodate the tastes of today's most demanding tenants. Best of all, each unit has its own, individually accessible outdoor space - a fantastic personal getaway oasis replete with slate ground covering and unique outdoor living space that 21st century tenants require.
The garden and parlor levels will be delivered vacant for the investor interested in leveraging immediate income opportunities. The 3 and 4th floor units are floor-through apartments with ample living space and loads of "light-and-air." Currently, each apartment is occupied by month-to-month tenants. Upon possession, restructure the existing lease scenarios or define new terms according to current market conditions. In today's highly competitive rental environment of increased competition for quality units that can command higher tier income objectives, 521 Decatur Street is the rare find with the ability to exceed those objectives.
521 Decatur Street is also located on a beautiful tree-lined block full of gorgeous historic homes, close to the C Train at Ralph Avenue and J & Z Train at Chauncey Street along with a list of local bars and restaurants such as Chez Oskar, Le Antagonist, Saraghina, Bar Lunatica and host of others conveniently located in Bedford Stuyvesant.
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Sold for $2,143,616 on 11/26/24
$2,143,616
521 Decatur St, Brooklyn, NY 11233
8beds
3,240sqft
MultiFamily
Built in 1906
-- sqft lot
$2,347,200 Zestimate®
$662/sqft
$3,350 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Appliances
- Included: Dishwasher, Dryer, Washer
Interior area
- Total interior livable area: 3,240 sqft
Property
Lot
- Size: 1,867 sqft
Details
- Parcel number: 015000075
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1906
Community & neighborhood
Location
- Region: Brooklyn