8 Bed 4 Bath Multi-family For Sale $1,899,000 3,780 sqft ($502 per sqft)
Broker: Alan Chorm Douglas Elliman Real Estate
JUST LISTED! Setup, 3D VIRTUAL TOUR and more available upon request.
47 Decatur Street is a turnkey, income producing three-family townhouse n
...read moreJUST LISTED! Setup, 3D VIRTUAL TOUR and more available upon request.
47 Decatur Street is a turnkey, income producing three-family townhouse nestled on a tree-lined street in the Stuyvesant Heights historic district. Built in 1899 and graced with grand proportions and so many original details, this home spans over 3,024 sq. ft. with an additional 756 sq ft. in the unfinished basement. One cannot help but feel inspired!
All three, free market units offer generous living spaces with flexible layouts, which are ideal for reconfiguring the space to your ideal preferences. The parlor level of the owners triplex/unit 1 is an open-concept floorplan with jaw-dropping 11 ft ceilings and copious amounts of natural light throughout. This spacious approx. 1,600 sq. ft. apartment features four bedrooms (4BR) and two bathrooms (2BTH) with exclusive access to a dreamy and picture-perfect private garden.
At approx. 800 sq. ft. each, unit 2 and unit 3 are both floor through units. Unit 2 is configured as a two-bedroom (2BR) plus a home office and one bathroom (1BTH). Featuring skylights and tree-top views, unit 3 offers two bedrooms (2BR) plus a home office and one bathroom (1BTH). Original details, exposed brick, and hardwood flooring throughout. Currently generating an income of $88,200 annually with a 4% cap rate. With some upgrades, there is excellent potential.
At 47 Decatur Street, you will be surrounded by the classic serenity of Brownstone Brooklyn and the energy of a culturally diverse community with superb dining, craft cocktail joints, homemade marketplaces, and destination hangouts. Local favorites include Peaches, Saraghina, LAntagoniste, Sumner, Bohaus, and Eugene & Co. Transportation: A/C Trains at Kingston-Throop only one block away, allowing for an easy commute to Manhattan.
