1010 New York Ave, Brooklyn, NY 11203

Live payment-free in this large, all-brick legal 4 family house in prime Flatbush! FHA FINANCING AVAILABLE WITH 5% DOWN! Rarely available, 1010 NY Ave offers buyers an updated property that is configured as four (4) renovated, FREE-MARKET 3-bedroom apartments, in addition to a large 1,600 SF finished walk-out basement. The property is semi-attached and measures 20.5' x 78' for a total of 3,200 SF (not including the 1,600 SF basement) and sits on a 25' x 107' lot. Comfortably park 2 vehicles in the rear yard via the shared driveway or make yourself a beautiful outdoor garden oasis for entertaining. The property will be delivered fully vacant and, with little TLC, presents potential buyers a unique income-producing opportunity where market rents are north of $3,000/unit. When occupied, the property was last generating over $13,000 of verifiable monthly income. Further, the zoning allows to build an additional 7 units (for a total of 11 units) bringing the building to 8,025 SF as-of-right due to the wide block. Located on NY Ave at the intersection of Snyder Ave, one block to all Church Ave shopping, and four blocks to the express 2 and 5 trains, where the subway station is handicap accessible and elevator-serviced (rare!).