438 Franklin Ave, Brooklyn, NY 11238
New to the Market! Built just seven years ago, this three-family Bedford Stuyvesant townhouse is in very good condition. With a 1,000 SF two-bedroom, one bath unit on the first floor and two (2) three-bedroom, two-bath, 1,100 SF units on the second and third floors, this property represents an excellent investment opportunity. With a maximum FAR of 3.00 and an as built FAR of 2.15, zoning allows for an additional 1,700 SF to be added to the existing 4,300 SF. First floor ownerâs unit will be delivered vacant. Second floor and third floor units are leased through August 2016 and January 2017, respectively. Tenants pay utilities and are individually metered. Each unit has its own boiler & hot water heater, washer & dryer and storage space in the basement.
Residential Features:
- Dryer
- Terrace
- Washer