House for sale, 656 DEAN ST, in New York City, United States

Prime Prospect Heights Investment Opportunity

Opportunity awaits with this three-story, four-unit townhouse nestled in the heart of Prospect Heights-one of Brooklyn's most sought-after neighborhoods. This versatile multi-unit property presents a rare chance for both immediate rental income and long-term upside.

The building configuration:

• A spacious one-bedroom duplex on the first floor
• A rear-facing flexible two-bedroom unit on the first floor
• A charming floor-through two-bedroom on the second floor
• A top-floor three-bedroom residence offering excellent light and proportions

All units are in good condition with scope for cosmetic upgrades, providing immediate value-add potential. The current rent roll offers room for growth as is, and with light renovations, the property's income potential could be significantly enhanced. Additionally, for developers or investors eyeing a condo conversion, comparable properties in the area are achieving exceptional price-per-square-foot returns.

The rentals are free market apartments. Income and expense statements are available upon request.

Shown by appointment only. Don't miss this exceptional opportunity to own a piece of Prospect Heights.