Attention investors and owner-operators! Here's a unique opportunity for you: Take over an established, efficiently managed short-term rental business with a 7% cap rate. Alternatively, convert half of the space for owner-operator usage, rent the other two units, and achieve a respectable 4% cap rate. Whether...
Attention investors and owner-operators! Here's a unique opportunity for you: Take over an established, efficiently managed short-term rental business with a 7% cap rate. Alternatively, convert half of the space for owner-operator usage, rent the other two units, and achieve a respectable 4% cap rate. Whether you're looking to invest or operate, this property offers flexibility and the potential for lucrative returns. Welcome to Bond Townhouse, where luxury meets lifestyle in the heart of Boerum Hill. Spanning an impressive 3,838 square feet of interior space and 1,025 square feet of meticulously landscaped outdoor space, this unique investment opportunity presents the opportunity to acquire four meticulously designed apartments that redefine the concept of serviced apartments and boutique hotels. Originally built in the early 1900s, this landmark building has undergone exceptional renovations to seamlessly blend historic charm with modern comforts. Crafted by the renowned architectural and real estate firm, Mysuites & Co., Bond Townhouse offers four distinct suites: Garden Suite: One-bedroom - ideal for small families or groups, the one-bedroom suites feature a separate living area and bedroom. Garden Deluxe: Botanical-inspired design of two bedrooms with access to the garden. Hem Suite: Bright and generous, a classy retreat with two bedrooms and views of the garden. Penthouse: Designed for more generous living and dining the Penthouse is a mid-century-styled two-bedroom apartment. Nestled amidst private gardens and charming tree-lined streets, 165 Wyckoff Street offers an urban oasis just minutes away from the bustling streets of Manhattan. Indulge in the tranquility of the two-level private landscaped garden. With easy access to popular attractions like Soho House in Dumbo, the Ace Hotel, Brooklyn Bridge, and more, guests are immersed in the vibrant culture of New York City. Transportation is a breeze with nearby subway stations providing access to all parts of Manhattan and beyond. Don't miss out on this opportunity to invest in a property that offers unparalleled luxury, convenience, and style in one of Brooklyn's most coveted neighborhoods. For valuation purposes, the listed square footage reflects an inclusion of 50% of the 1,025 external square footage. The home is being offered fully furnished in the sale as well.
Courtesy of Douglas Elliman Real Estate
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