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326 Quincy Street

326 Quincy Street, New York City, NY 11216

$1,495,000

INCOME PRODUCING PROPERTY: Beautifully upgraded and renovated legal 3-family, 20x55ft, brick brownstone with exposed brick, Moroccan tile foyer and designer finishes throughout located on a tree-lined block in the heart of Bedford Stuyvesant. All 3 loft-like apartments have sprawling layouts and condo finishes plus full finished basement with laundry hooks ups and plenty of room for storage. Custom kitchens with large center island, stainless steel appliances including dishwasher and French backsplash. Rent out 2 units and pay your mortgage virtually living for free or use as an investment property renting out the entire building (all 3 units) for approx. $100,800/year with a projected 5.87% CAP RATE. Very low annual taxes. Lovely stone deck off the Parlor and huge backyard with access from the Parlor and Garden levels. Fujitsu split air conditioning systems, C of O for a 3-family and sprinkler system through out. Ideal location near Nostrand A/C train taking you straight to Manhattan plus all the hip bars and restaurants in the surrounding area.

The Location

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