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
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