782 Marcy Avenue
About This Property for Sale
Marketing description
A 20’ wide three unit, three story newly built building. The property was built ten years ago, the first floor is a two-bedroom floor-through apartment. The second floor is a three-bedroom, floor-through apartment and the third floor is also a three bedroom, floor-through apartment. All the units are individually metered for gas and electric, they have their own gas boilers and water heaters in the apartments. The units also have their own washer and dryers. The hall ways and stairs are nicely carpeted, and well kept.
Investment highlights
The property is a prime investment opportunity, after the 421A tax abatements expires the units become free market. The 340 square feet of air rights can be added to the top floor to create a duplex four bedroom apartment. All the units are individually metered for gas and electric, they have their own gas boilers and water heaters in the apartments. The units also have their own washer and dryers. The hall ways and stairs are nicely carpeted, and well kept.
The property is also a great user opportunity, a user can create a duplex apartment with the basement and first floor apartment. The upper apartments can be rented for income.
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