Active

351 Jefferson Avenue

Brooklyn NY, 11221

$1,999,999


$584.80 per sqft

Active

8 Beds

5 Baths

3,420 sqft

Multi-family

Built in 1900

Welcome to this unique investment opportunity with this well-maintained Single Room Occupancy (SRO) property in the heart of Bedford Stuyvesant, featuring a blend of functional and appealing living spaces. This versatile building includes:

One-Bedroom Apartment: Located on the ground level, this spacious apartment offers easy access, ample living space, and a private backyard, ideal for outdoor relaxation and enjoyment.

Studio Apartment: Situated on the first floor, this charming studio provides a cozy and efficient living area, perfect for individuals seeking a low-maintenance residence or as a high-demand rental unit.

Four Additional Rooms: The property includes four distinct rooms on the second and third floors that can be used as individual rental units or converted into additional living spaces. These rooms offer flexibility for various configurations and can accommodate a range of tenant needs.

Partially Finished Basement: The basement presents additional potential with its partially finished state. This versatile area can be developed into a communal space, or utilized for storage, enhancing the property's value and appeal.

In addition to its current setup, the building offers a compelling opportunity for future development. With appropriate permits, it can be converted into individual condominium units, making it an attractive option for investors looking to maximize returns through condo conversion.

Whether you are an experienced investor or new to the real estate market, this property provides significant growth and return potential. Seize this opportunity to expand your investment portfolio with a versatile and lucrative asset!
Contact me for more information.

RLS10997442

MLS ID

August 1, 2024

Listed

February 4, 2025

Updated

Map

351 Jefferson Avenue
Brooklyn NY, 11221

Interior Features

Total Stories

3


Bedrooms

8


Total Bathrooms

5


Full Bathrooms

4


Half Bathrooms

1


Interior Features

Eat-in Kitchen, High Ceilings


Laundry Description

See Remarks


Floor Description

Hardwood, Tile


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Baseboard

Exterior/Building Features

Exterior Features

Private Yard


Architectual Style

Walk-Up

Other Property Details

Taxes

$10,368


Tax Frequency

Annually


HOA Frequency

Monthly


Garage

No


View

No


County

Kings


Pool

No

RLS Data display by Parviz Latipzoda with Compass
Listing Contact: (917) 847-7771 

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025  The Real Estate Board of New York, Inc., All rights reserved

Data last updated on 2/4/2025 at 11:11 PM UTC

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