Welcome to a great investment opportunity in the heart of Bushwick where you can live AND invest while sacrificing nothing. This 25' wide 5 cap 3-family home is a great opportunity to pay your mortgage with the upstairs' rent while enjoying a 3-bedroom garden duplex for yourself, OR rent the entire building out and watch your money grow in one of Brooklyn's most dynamic neighborhoods, right across the street from the subway and surrounded by some of the coolest restaurants, clubs and cafes in the borough. This well-maintained and renovated three-family townhouse offers three spacious and renovated apartments with excellent light, views, and finishes. On the same block as the Jefferson L stop, find your way to Manhattan or elsewhere in Brooklyn in minutes, or explore the endless local amenities and restaurants right outside your door. This property will be attractive to potential renters and owners alike, and has benefited from years of consistent market-rate rental income and is very easy and inexpensive to maintain. Be greeted by the stylish and artistically-inspired black fa ade of 277 Starr, and enter into the first of three apartments. The main apartment is a two-bedroom duplex with a separate dining and living room and a huge basement that makes a fantastic art or music studio, or a few home offices and/or guest rooms. Stainless steel appliances, spacious white cabinetry, and an unrivaled private backyard make this space incredibly easy to rent or makes a perfect home for an owner/occupant! Upstairs, accessed via a skylit central stairway, are two large one-bedroom floor-through apartments with spectacular view of the Manhattan skyline from your windowed kitchen. These apartments offer similar finishes to downstairs, including stainless steel appliances, nicely-tiled bathrooms and hardwood floors. Bedrooms fit queen-size beds and have multiple windows looking out onto charming Starr Street. These are the perfect Bushwick one-bedrooms and will rent in a second! 277 Starr is in the center of everything that makes Bushwick so beloved! Eat at incredible restaurants like Faro, Tong, and Bunna Cafe, enjoy nightlife at Elsewhere, House of Yes, and Brooklyn Made all on foot without ever getting on a subway! And indulge your passion for the architecturally significant warehouses that have become spacious and lively bars, art studios, and maker spaces. The L train at Jefferson is on the block, and Maria Hernandez Park is 2 blocks away. You are close to it all and can easily access that which lies further afield from this prime location, perfect for you or any tenant. The Net Operating Income is currently $90,000. Set-ups are available, just email and make the request!
Off market
$1,963,600
277 Starr St, Brooklyn, NY 11237
5beds
1,034sqft
MultiFamily
Built in 1910
-- sqft lot
$1,963,600 Zestimate®
$1,899/sqft
$4,868 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Appliances
- Included: Dishwasher
Interior area
- Total interior livable area: 1,034 sqft
Property
Lot
- Size: 2,500 sqft
Details
- Parcel number: 031890033
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1910
Community & neighborhood
Location
- Region: Brooklyn
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $865 monthly