Price Drop
$ 1,449,000
[2.42%]
[$ -36,000]
Building For Sale
Property Type
Active
Status
10
Rooms
3,000/279
ASF/ASM
$ 4,436
Real Estate Taxes
[Per Annum]
Building Details
Single Family
Ownership
Semi-Attached House
Building Type
None
Service Level
Walk-up
Access
4071/39
Block/Lot
20'x50'
Building Size
20'x100'
Lot Size
R5
Zoning
1901
Year Built
2/2
Floors/Apts
Description
Exceptional Income-Producing Two-Family Home in East New York
A unique opportunity to live, earn, and invest in a beautifully maintained legal two-family brick home with an established furnished rental operation.
Offering approximately 3,000 square feet of living space, the property combines a spacious owner-occupied garden level with income-producing upper floors configured with multiple private bedrooms. Since 2018, the current owner has successfully operated the furnished rental business with approximately 98% occupancy and a strong history of long-term professional tenants. The established rental performance provides immediate income potential, with additional upside for the next owner. Detailed financials, including historical and projected income, are available upon request.
The property has also benefited from substantial capital improvements, including a new roof with solar panels (2021), updated plumbing and electrical systems, a new boiler (2024), and new central heating and air conditioning (2025). A solar tax abatement further contributes to remarkably low annual property taxes.
Additional Highlights
A unique opportunity to live, earn, and invest in a beautifully maintained legal two-family brick home with an established furnished rental operation.
Offering approximately 3,000 square feet of living space, the property combines a spacious owner-occupied garden level with income-producing upper floors configured with multiple private bedrooms. Since 2018, the current owner has successfully operated the furnished rental business with approximately 98% occupancy and a strong history of long-term professional tenants. The established rental performance provides immediate income potential, with additional upside for the next owner. Detailed financials, including historical and projected income, are available upon request.
The property has also benefited from substantial capital improvements, including a new roof with solar panels (2021), updated plumbing and electrical systems, a new boiler (2024), and new central heating and air conditioning (2025). A solar tax abatement further contributes to remarkably low annual property taxes.
Additional Highlights
- Legal two-family brick home
- Approx. 3,000 SF of living space
- Owner-occupied garden level with additional income potential
- Established furnished rental operation with approx. 98% occupancy
- Private backyard
- Extensive recent capital improvements
- Energy-efficient solar panel system with tax abatement
- Ideal for investors or owner-occupants seeking to offset carrying costs with rental income
Exceptional Income-Producing Two-Family Home in East New York
A unique opportunity to live, earn, and invest in a beautifully maintained legal two-family brick home with an established furnished rental operation.
Offering approximately 3,000 square feet of living space, the property combines a spacious owner-occupied garden level with income-producing upper floors configured with multiple private bedrooms. Since 2018, the current owner has successfully operated the furnished rental business with approximately 98% occupancy and a strong history of long-term professional tenants. The established rental performance provides immediate income potential, with additional upside for the next owner. Detailed financials, including historical and projected income, are available upon request.
The property has also benefited from substantial capital improvements, including a new roof with solar panels (2021), updated plumbing and electrical systems, a new boiler (2024), and new central heating and air conditioning (2025). A solar tax abatement further contributes to remarkably low annual property taxes.
Additional Highlights
A unique opportunity to live, earn, and invest in a beautifully maintained legal two-family brick home with an established furnished rental operation.
Offering approximately 3,000 square feet of living space, the property combines a spacious owner-occupied garden level with income-producing upper floors configured with multiple private bedrooms. Since 2018, the current owner has successfully operated the furnished rental business with approximately 98% occupancy and a strong history of long-term professional tenants. The established rental performance provides immediate income potential, with additional upside for the next owner. Detailed financials, including historical and projected income, are available upon request.
The property has also benefited from substantial capital improvements, including a new roof with solar panels (2021), updated plumbing and electrical systems, a new boiler (2024), and new central heating and air conditioning (2025). A solar tax abatement further contributes to remarkably low annual property taxes.
Additional Highlights
- Legal two-family brick home
- Approx. 3,000 SF of living space
- Owner-occupied garden level with additional income potential
- Established furnished rental operation with approx. 98% occupancy
- Private backyard
- Extensive recent capital improvements
- Energy-efficient solar panel system with tax abatement
- Ideal for investors or owner-occupants seeking to offset carrying costs with rental income
Listing Courtesy of The Corcoran Group
Features
A/C
Contact
Charles Mazalatis
License
Licensed As: Charles Mazalatis
President & Licensed Real Estate Broker
Mortgage Calculator
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
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All information is intended only for the Registrant’s personal, non-commercial use.
RLS Data display by Maz Group NY.
Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the 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.
Listing ID: 107308TH
