126 St Marks Avenue

Reduced to sell $850/sq.ft! This restored four-family brownstone with rare three-story extension provides almost 4,000 square feet of living space (not including the finished basement), offering a host of options for the new owner(s). Create a lower duplex (approximately 2,200 square feet) and collect $7,000 per month in rental income from the top two floors. Enjoy the extra deep, south-facing garden with a lovely brick patio and the finished basement with separate back egress. Convert to an upper triplex with garden rental and collect over $3,000 per month in rental income while enjoying the top floor deck with fabulous, open views. Keep the townhouse as an income-producing venture and collect over $13,000 in monthly rental income. This property is the perfect candidate for a 1031 tax exchange, as all systems have been updated, including kitchens, baths, electric, plumbing and heating, roof, windows and facade.

Located in Prime Prospect Heights, one of Brooklyn's most sought after neighborhoods, with the hottest eateries only blocks away. Minutes to the area's cultural treasures, including Prospect Park, Brooklyn Botanic Garden, Brooklyn Museum of Art, BAM and Grand Army Plaza. Also a convenient commute to Manhattan on the 2/3 or Q/B. The house is fully vacant.