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  • Price cut: $40K (10/24)
    $1,451,558

    1558 Saint Marks Ave, Brooklyn, NY 11233

    5beds
    2,700sqft
    Multi Family
    Built in 1899
    -- sqft lot
    $-- Zestimate®
    $538/sqft
    $-- HOA

    What's special

    Modern amenitiesPrivate patioLarge skylightHigh ceilingsOpen-concept designStainless steel appliancesFull en-suite bath
    Welcome to this meticulously renovated two-family townhome, a remarkable opportunity for both homeowners and investors. This 20' x 50' residence sits on an expansive 20' x 127' lot, ideally located between Ocean Hill and Crown Heights. The property's thoughtful design, modern amenities, and significant future potential make it a standout investment. The owner’s duplex offers a sprawling 2-bedroom, 2.5-bath layout across ~1,700 sq. ft. Its open-concept design is perfect for contemporary living, featuring high ceilings and a gourmet kitchen with a large quartz countertop island that seats four. A dedicated dining area and a private patio lead to a generous ~50-foot backyard, providing a perfect retreat. The primary bedroom includes a full en-suite bath. The lower level, with over 700 sq. ft. of usable space, can serve as a massive media room, family room, or private guest space with a half bath and two storage units. Comfort is guaranteed with A/C heat/cool split units and an in-unit washer/dryer. The top floor is a ready-to-rent 3-bedroom, 2-bath apartment spanning 1,000 sq. ft. This unit is designed for a seamless tenant experience, featuring an open-concept kitchen with stainless steel appliances, a large four-seater quartz island, and a dedicated dining area for six. Natural light floods the space thanks to a large skylight and multiple windows. The unit also includes its own washer/dryer. This income stream provides excellent financial flexibility for the owner. Solar System: A fully installed solar system drastically reduces energy costs and enhances the property’s long-term value. The cost is not included in the asking price. Details can be provided upon request. Future Development Rights: Zoned R6, the property boasts approximately 3,500 square feet of Floor Area Ratio (FAR), offering substantial potential for future expansion or new construction. Situated with excellent access to local transportation, shopping, and neighborhood amenities, including a new playground, the location is highly desirable for both residents and tenants. This property is more than just a home, it's a smart investment with modern comfort, income potential, and the valuable benefit of future buildable rights.
    67 days
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    455
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    24
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