773 Lexington Avenue

DELIVERED VACANT! This attractive brick facade building was built in 2006. There are three floor thru homes, as well as a full height semi-finished basement which could be combined with the first floor to create a three bedroom, 2 bath duplex with a large recreation and or media room. There is 33' of frontage which includes a curb cut leading to an 11' wide driveway that can accommodate five cars and a large 1000 sq. ft. rear garden. This building is a wonderful opportunity to live and invest in one Brooklyn's most sought after neighborhoods, Stuyvesant Heights. Characterized by its picturesque tree lined streets and historic brownstones that bear striking similarities to neighborhoods such as, Brooklyn Heights, Park Slope, & Fort Greene. According to Property records there is an additional,1400 sq. ft. of buildable floor space available. Among those who are planting roots in Bed-Stuy are a diverse group of professionals who are looking for more space and to enjoy the renaissance of new businesses opening throughout the area; Manny's, Saraghina and Gallery Bar are just a few. 773 Lexington Avenue is conveniently situated minutes from the J & Z subway line providing a fast commute to both Manhattan &Williamsburg. Each apartment has three exposures North, South and West and are currently owner occupied. The projected income of the building if the apartments are newly renovated: First Floor Duplex: 3 Bedroom/ 2 Bathrooms, Living/ Dining, Kitchen + Large Recreation/ Media Room. Projected Rent $3,800 Second Floor: 4 Bedrooms/ 2 Bathrooms, Living/ Dining & Kitchen. Projected Rent: $3,400 Third Floor: 4 Bedrooms/ 2 Bathrooms, Living/Dining & Kitchen. Projected Rent: $3,400 Projected Annual Income before Expenses: $127,200.