610 Marlborough Road, Brooklyn (Ditmas Park), NY, 11226 | $2,195,000

Here is an extraordinary opportunity to own a four-family, income-producing property with a freshly renovated, huge, 3 bed/ 2. 5 bath duplex apartment ready for you to move into. This is a Brooklyn real estate dream: Collect $9, 280/month of rent from the upper three apartments and live comfortably in the gorgeous, ground-floor duplex (all photographs are of this apartment). Over time, as rents increase, your monthly costs will get smaller and the return on your investment will grow larger. This building offers the savvy purchaser both a wonderful home to live in and a fantastic investment opportunity. The spacious owner’s duplex is approximately 2100 sq. ft. The main floor has three bedrooms and two baths, perfectly mixing old-world charm, like the coffered ceiling in the dining room, with modern amenities. The brand-new kitchen features a Samsung range and a built-in dishwasher. The bathrooms are beautiful and sophisticated, with Nero marble chevron floors and Grohe fixtures. One bath has a large, luxurious walk-in glass shower enclosure and the other has a bathtub and a window for natural light. The lower floor rec-room is huge and suffused with light from four windows, three of them full size. This is an excellent space for an office, family room, playroom, home gym, and so many other uses! Also on this floor are the washer/dryer and a half-bath. A brand-new heating and cooling system has been installed throughout the apartment. The owner’s unit has access to the sideyard (300 sf) and backyard (280 sf) but the best outdoor space is the roof (1000 sf), perched in the tree-tops with views of the city in the distance. The upper three apartments are approximately 1340 sq. ft. each. Apartments #2 and #3 are fully renovated to the same high standard as the ground floor duplex. Each of these two apartments has 4 bedrooms and 2 baths with large living and dining rooms. Apartment #4 has four bedrooms and one bath and is rent-controlled. All tenants pay for their own electricity and cooking gas. This building will also appeal to real estate investors looking for good returns and considerable upside. Email to request set up. The building is approximately 6580 sq. ft. (only $334/ft. !). Cap rate 6. 84%! The building is 1 minute away from the Newkirk Plaza Express B/Q subway station. Numerous restaurants, cafes, and coffee shops are nearby, including neighborhood favorites such as Milk and Honey, Coffee Mob, Westwood, Lo Duca Pizza, and Sunset Bagels. The well-known restaurants and shops on Cortelyou Road are close by. The Ditmas Park neighborhood is known for its leafy streets and laid-back atmosphere.

Features