Davidson Joseph

Davidson Joseph

Licensed Real Estate Salesperson
347A Gates Avenue Brooklyn, 11216

Astonishing, solid-brick, multi-family investment property, with extraordinary expansion potential, just hitting the market on one of the prettiest and most accessible blocks in red-hot Bed-Stuy! Right on Gates Avenue between […]

$1,249,999 Listing ID: 423371
Elite Connect Real Estate Inc
6 Bedrooms
3.00 Full Baths
Featured Type
2700 SQFT
Active Status

Detailed Information

Astonishing, solid-brick, multi-family investment property, with extraordinary expansion potential, just hitting the market on one of the prettiest and most accessible blocks in red-hot Bed-Stuy! Right on Gates Avenue between Bedford and Nostrand, this beautiful, 3-story, 3-family brick home is already causing a lot of excitement! With each neighbor on either side of this property having built stunning extensions on top, thereby expanding the livable square footage, this home is poised for the same type of addition! Imagine that! A legal 3-family home in Bed-Stuy that has the potential for building another entire floor above, as well as a stunning rooftop deck on top! This is the rare opportunity of a lifetime for either a developer or an end-user! This exceptional property itself has high ceilings, exposed brick interiors and a working fireplace in the living room of each unit on all 3 floors! The top floor is a 3-bedroom, 1-bathroom apartment with living room, dining room and kitchen, the second floor is a spacious 1-bedroom, 1-bathroom apartment with living room, dining room and kitchen and the first-floor unit has 2-bedrooms and a full bathroom as well as a living room, dining room and kitchen; this ground floor apartment also has access to the enormous backyard which has an astonishing amount of potential as a garden area. Making this eye-popping property more impressive is that it will be delivered vacant! Nestled halfway between the G and the A train, with the YMCA around the corner, near the trendy restaurants, cafes and boutique-style specialty shops of ultra-chic Bed-Stuy, this is an astonishing opportunity! Call today!