35th Street

A 24' wide 6-unit three story apartment building. The units are all two-bedroom apartments with a living/ dining area a full kitchen and full bathroom. The apartments are individually metered for cooking gas and electric. All the meters are in the basement. The building has an oil boilers and gas water heater. The apartments have been vacant for over ten years. The units are located to the front and back of the building. The property needs a complete gut renovation.

The property is a prime development opportunity because since the apartments are vacant an investor can renovate them and give each units it's own boiler and water heater. You can also convert the ground floor to commercial. The first floor can be duplexed with the basement, to create two duplex apartments.

The property is also a great user opportunity, a user can take an apartment on the ground floor or combine them to create a three bedroom floor-through garden apartment. The upper units can be rented for income.

The property is located in an area that's under a lot of development, new apartment and commercial buildings are being built in the area. The F train is on McDonald Avenue & Ditmas Avenue. This gives easy access to the City and downtown Brooklyn. The avenues have nice retail stores and restaurants.

Location: North side of 35th Street between 14th Avenue and Dahill Road Block: 5351 Lot: 61 Lot Size: 24' x 100'