87 Vanderbilt Ave presents a fantastic investment opportunity in ultra-desirable Fort Greene! This multi-family brownstone consists of 3 units units and a bonus studio. The 3 floor-thru units all have private outdoor space (private yard for the parlor,private terraces for the upper two units),chef's kitchens,closets aplenty,sunlit bedrooms,exposed brick,and prewar marble fireplace mantles. The top two apartments have additional bedrooms/offices off of the main bedroom. Any of these three units would make for a lovely owners' unit should they wish to live in the building and rent out the additional units. There is coin operated laundry in the finished basement. 87 Vanderbilt was fully gut renovated in 2005,with additional improvements made more recently,including a new boiler and hot water heater; the building was also converted to natural gas in 2017. The current owner currently nets over $145k in rental income.There is a 5% Cap Rate. Taxes are low,only $5,336/year. All units are currently occupied with leases ending between July 2022-2023. The best of Brooklyn living can be experienced from 87 Vanderbilt. Fort Greene Park and its fantastic Saturday Farmers Market are close by,and the Brooklyn Navy Yard is moments away,with its enormous Wegman's,Russ & Daughters,and Brooklyn's best coffee roasters,Parlor and BrooklynRoasting Company.

Property Details of 87 Vanderbilt Avenue, Unit Building

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Listed by Maria Ryan of Compass

Based on information submitted to REBNY as of May 20, 2022 12:49 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

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