444 Fountain Avenue
New Lots, New York
$799,000 Price
5 Bedrooms   2.0 Baths

444 Fountain Avenue, New Lots, New York

Both units are tenant occupied. The property will not be delivered fully vacant. One of the units could possibly be delivered vacant as the lease is expiring June 2024. Welcome to 444 Fountain Ave, a two-family townhouse in the heart of Brooklyn, NY. This beautifully...

Both units are tenant occupied. The property will not be delivered fully vacant. One of the units could possibly be delivered vacant as the lease is expiring June 2024. Welcome to 444 Fountain Ave, a two-family townhouse in the heart of Brooklyn, NY. This beautifully renovated property boasts 5 bedrooms and 2 bathrooms across 1,744 square feet of living space. Conveniently located in a desirable neighborhood, this low-rise attached townhouse offers a fantastic opportunity for homeowners and investors alike. This investment opportunity is perfect for an investor considering a cash-flowing property in a growing neighborhood of Brooklyn or an end-user looking to make their first investment. The stabilized cap rate at 7% ensures a steady and secure return on investment.  Please conduct due diligence before scheduling and offers. Please contact me for information about mortgage lender credits that the property qualifies for.

Courtesy of Compass

Floorplan for 444 Fountain Avenue

Floorplan for 444 Fountain Avenue

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

New Lots, New York
Type: Townhouse
Price: $799,000
Re Tax: $3,624
Last Updated: 5/2/2024
Web ID: 1065284525

Info & Amenities

Type: Townhouse
Rooms: 8.0
Bedrooms: 5
Bathrooms: 2.0
Built: 1930

Map of Area for 444 Fountain Avenue