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55 St Marks Avenue - Park Slope, New York

Property Details:
  • 55 St Marks Avenue - Park Slope, New York
  • Price: $1,579,000
  • Neighborhood: Park Slope
  • Condo
  • Studio
  • Listing ID: 1592259
Building Details:

55 St Marks Avenue - Park Slope, New York

Opportunity knocks!Rarely available investment in prime Park Slope.This elegant 22-foot-wide brownstone is fully occupied and has been expertly maintained.It includes one free-market garden apartment, which has been extensively renovated and features a sculpted, landscaped garden; six rent-stabilized studios; and two rent-stabilized rooms that share a common bathroom.The original layouts on the upper three floors are essentially intact and nearly all of the original Victorian details remain, including shutters, decorative marble and wood mantels, and mirrors.The building features wood floors throughout.Gross annual income is $147,324 and annual expenses are approximately $31,898, resulting in a net operating income of roughly $115,426.Call today to see this unique property with great revenue potential.

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575 MADISON AVENUE, NEW YORK, NY 10022. 212. 891.7000 © 2019 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY. DRE # 01947727