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1277 Herkimer Street #Building Brooklyn, NY 11233
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Key Details
Sold Price $1,400,000
Property Type Townhouse
Sub Type Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $518
Subdivision Ocean Hill
MLS Listing ID OLRS-0080196
Sold Date 07/21/21
Style Prewar
Bedrooms 9
Full Baths 3
HOA Y/N No
Year Built 1920
Property Description
Welcome to the perfect hybrid property. 1277 Herkimer St is the property in today's market that is so hard to come by. A legal 3 family original brick townhouse ready to either be owner occupied with practically no mortgage or as income generating investment property.
Configured as (3) 3BR 1 Bath floor through apartments, each equipped with a washer/dryer hookup. The garden unit is a duplex with a finished basement plus private garden access, perfect for an end-user looking for that outdoor space and interior square footage.
An investor looking to park some cash? This property is a prime opportunity to capitalize on a 6.5%+ Cap rate at current market rents. Tons of potential upside and in a growing neighborhood.
Location is another important element of this property. Sitting on a gorgeous tree lined block full of original bricks and brownstones. Also this property is a 1 min walk, literally right around the corner from the A/C at Rockaway and a few more mins to Broadway Junction. Also the crown jewel of the area, Daily Press Coffee, is right around the corner as well as Mama Yoshi a few short blocks away.
All utilities are separated. property will be delivered vacant.
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Location
State NY
County Kings
Zoning R6
Interior
Equipment Intercom
Fireplace No
Exterior
Private Pool No
Building
Story 3
Others
Pets Description Building Yes, Yes
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RLS Data display by Coastal Property Advisors