477 Halsey St

PRICE REDUCED, MOTIVATED SELLER, BRING OFFERS! Stately three family brownstone on one of the most sought after tree-lined blocks in Stuyvesant Heights! Great investment opportunity or perfect income producer for end user. This brownstone features a rear extension offering three additional bedrooms and the opportunity to add a top floor private terrace. Original details include a perfectly maintained front façade, graceful front stoop with rod iron railings, an elegant foyer entry with original glass double doors and a gorgeous carved interior staircase. Basement also offers great clearance with approximately nine feet of ceiling height. Will need renovations. But expect great income in return! Projected rent roll includes a four bed duplex @ $,4,000 a month, two bed apartment @ $2,900 and a two bed with terrace @ $3,100- offering over $100,000 a year in net income! Bring offers and achieve your ideal cap rate. Brooklyn Heights is a rapidly appreciating neighborhood with surging rent rolls. It features some of Brooklyn's most handsome and historic brownstones and grand old apartment buildings. Enjoy the delicious food and ambiance in the local restaurants such as Saraghina, L'Antagoniste, and Casablanca. There is also a beautiful public library just around the corner. You can easily travel 15 minutes into Manhattan on the A, C, J trains at either end of Stuyvesant Avenue. Will be delivered vacant.