This meticulously renovated and restored, turn-key legal 4-family brownstone is located in the heart of prime Bedford Stuyvesant on a one of the most beautiful and coveted tree-lined blocks in the neighborhood. With many original details preserved throughout, this 4 story 20 ft X 45 ft limestone stunner has an impressive 3512 square feet. All four units have gorgeous kitchens renovated with quartz countertops, stainless steel appliances including dishwashers, custom cabinetry and in unit washer/dryers. The hardwood flooring throughout has been completely restored and the layouts are spacious and well-appointed maximizing rental income. The parlor floor unit is particularly impressive and is currently undergoing a complete renovation. All units are fair market rentals and 3 of the 4 units have private outdoor space. With a rent roll of ~$134,000 annually and low expenses, 108 Bainbridge Street offers a 4.34% cap with plenty of room for upside. Move into one unit as an end user or keep the entire building as an investment property. Each unit is separately metered for gas and electric with tenants paying their own utilities. Building can be delivered with excellent tenants in place or vacant. 108 Bainbridge is nestled in the historic Stuyvesant Heights section of Bedford-Stuyvesant just a block to the A/C Utica express train and walking distance to the neighborhood's best bars and restaurants including Saraghina, La Antagoniste, Peaches, Milk and Pull and Georges Andre cafe to name just a few! Please reach out for a complete set up.
Garden, Open kitchen, Terrace, Hardwood Floors As Seen, Cathedral/Vaulted/High Ceiling, Building Access - Walk Up, Exposure North, Exposure South
Listing Courtesy of Compass.
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Listing information last updated on August 22nd, 2019 at 9:13am EDT.