Open House: Sat, May 11th 2:00 PM - 4:00 PM EDT

Active

272 New York Avenue

Brooklyn NY, 11216

$2,200,000


$766.82 per sqft

Active

12 Beds

4 Baths

2,869 sqft

Town House

Built in 1910

Situated within the prestigious Crown Heights North II historic district and positioned on the west side of the block, 272 New York Avenue presents a legal four-family townhouse.

Constructed in 1910, this building encompasses six rooms across each of its four levels, complemented by a full-length cellar. Every apartment, offering three bedrooms, seamlessly blends traditional charm with contemporary aesthetics. Renovations in two apartments feature restored pocket doors, elegant crown moldings, original wood flooring, granite countertops, and contemporary stainless steel appliances, including dishwashers, ensuring a blend of spacious, well-lit interiors and substantial storage solutions.

The estate boasts a full cellar and a private backyard, enhancing its charm. The ground-level unit, with walk-out access, is ideal for professional use.

Its R6 zoning and an unused Floor Area Ratio (FAR) of 1880, which allows for potential expansion, increase its investment appeal, marking it as a promising venture in a sought-after area of Brooklyn. NOW ENTIRELY VACANT!!!

Strategically located near essential transportation hubs, the property is only 0.2 miles from Nostrand Avenue station (serving the 3 and 4 lines) and 0.24 miles from President Street station (serving the 2 and 5 lines), with several key bus routes like BM2, B46, B43, B44, B44-SBS, and B45 in close proximity.

In the vicinity of Brower Park, Prospect Park, Brooklyn Botanical Garden, Grand Army Plaza, and The Children's Museum, the area is rich in both recreational and educational opportunities, reflecting Brooklyn's cultural and historical heritage. The neighborhood is vibrant with a wide selection of shops, cafes, restaurants, and services.

This multi family dwelling represents a unique chance to own a part of Brooklyn's storied past, combined with excellent connectivity, positioning it as an outstanding, income-generating asset in a culturally vibrant part of the city.

RPLU-5122783217

MLS ID

November 17, 2023

Listed

April 1, 2024

Updated

Map

272 New York Avenue
Brooklyn NY, 11216

Interior Features

Total Stories

4


Bedrooms

12


Total Bathrooms

4


Laundry Description

Washer Hookup, In Unit


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.04 Acres

Other Property Details

Taxes

$12,468


Tax Frequency

Annually


Garage

No


View

No


View Description

Other


County

Kings


Pool

No


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

2/29/2024

Price Change

$2,200,000

-16%

12/27/2023

Price Change

$2,599,000

-11%

Open House Schedule

Sat, May 11th

2:00 PM - 4:00 PM EDT

Sun, May 12th

1:30 PM - 3:00 PM EDT

Courtesy of Douglas Elliman Real Estate with Keith Johnson, Brian Phillips
Listing Contact: (917) 257-6210 

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.

©2024 The Real Estate Board of New York, Inc., All rights reserved

Data last updated 9:14 PM UTC, 4/1/2024

 

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