355 Herkimer St - Bedford - Stuyvesant, New York

        

 

355 Herkimer St - Bedford - Stuyvesant, New York

 

Originally built in 1901, 355 Herkimer was gut renovated ~5 yrs ago and has been restored into a two-family townhouse with 3 floors of living space + cellar that still maintains much of the charm of the original building. Located in the Bedford-Stuyvesant section of Brooklyn, bordering Crown Heights between Fulton and Atlantic Aves., this home is nestled amongst beautiful tree lined streets and historic brownstones that the area is known for. *photos are of actual vs. virtually staged options*

This 18' x 42' built three story townhouse boasts a generously proportioned upper level duplex of ~1550sf, with Three Bedrooms (3BR) / Two Baths (2BTH) and a large private deck leading to a tastefully manicured 900sf yard. Currently rented for $3,650, unit #2 features include 12' ceilings, exposed brick and decorative fireplaces with original mantels, crown moldings, hardwood Oak floors, open chef's kitchen with granite counters, dark wood cabinetry with extra built ins for additional storage, and stainless steel appliances. The upper level boasts 3BRs with Jack and Jill bathroom outfitted with grey and sand toned tiles, full sized LG washer/dryer, and WIC in the Master BR.

On the garden level delivered, there is a Two Bedroom (2BR) / One Bath (1BTH) with similar updates, including finished cellar + additional access leading to the shared yard that can rent for ~$2500/month. Reflecting a CAP of 3.95%, combined with rapidly appreciating property values and strong rental escalation factored in for the area (plus an additional ~2,376 of buildable square footage remaining in the available FAR), this home has the potential for both end users looking to offset their carrying costs as well as investors.

Transportation is a breeze with the Kingston-Throop A/C train literally around the corner, making for an easy commute to Midtown Manhattan in under 30 mins; the Nostrand Ave. stop on the LIRR is also located conveniently nearby.

Bedford-Stuyvesant is a historically significant area of Brooklyn that has seen double digit growths the past few years, and continues to burgeon while managing to maintain a tight knit neighborhood community feel. Offering a plethora of restaurants, shopping and cultural venues, local amenities include: St. Andrew's Playground, the Brooklyn Children's Museum, Macon Branch Library, Bed-Stuy YMCA, Peaches, Saraghina, Nana Ramen, Super Foodtown AND Fine Fare Supermarkets both a block away, plus all the shops, retail and dining options all conveniently nearby along Fulton/Malcolm X Blvd and Nostrand Ave corridors! Please inquire for full setup.

 

This listing courtesy of Douglas Elliman

Property Details:

  • 355 Herkimer St - Bedford - Stuyvesant, New York
  • Price: $1,570,000
  • Monthly Real Estate Tax: $262
  • Neighborhood: Bedford - Stuyvesant
  • Multi-Family
  • 5 Beds | 3 Baths
  • Approximate Sq. Feet: 3,024
  • Listing ID: 3182241

Area Details:

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Dain Lee

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