574 Washington Avenue #*

We currently have an accepted offer. This turn of the century four-story brownstone is a legal three family currently set up as a spacious owners duplex with two income-generating rentals. The scale of this building is rare among townhouses in the area: the building is 20 ft wide by 45 ft deep and sits on a 130 ft deep lot. The current facade has been scored and is ready for a new brownstone facade of your choosing. The owner's duplex has not been renovated for several years though the apartments on the 3rd and 4th floors have been more recently updated. Additionally, the third and fourth floors are being rented by dream tenants: they take care of their spaces and pay rent on time. Their current leases expire 7/31/17 and 10/31/17, respectively. The total current rent roll is $4100 per month. The owner's duplex will be delivered vacant. Third floor pays $1900 and the 4th floor pays $2200. There is a development opportunity here as well as the building has R6-B, R7-A, with a C2-4 overlay and additional FAR of approx. 1600 square feet, according to PropertyShark. Mechanically, the house has a new gas boiler and new waste lines from the second floor down. Steps away from the Clinton-Washington stop off the C train, it is close to shops and restaurants in the vibrant Clinton Hill area of Brooklyn. --Cellar:900 sq ft /7'4" ceiling --1st Fl:1,004.12 sq ft /8'8" ceiling FRONT /8'0" ceiling REAR --2nd Fl:900 sq ft /9'0" ceiling --3rd Fl:900 sq ft /9'10" ceiling --4th Fl:900 sq ft /9'10" ceiling FRONT /8'6 ceiling REAR All information furnished regarding property for sale, rental or financing from sources deemed reliable but no warranty or representation is made as to accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.