|24 East 7th St ~ Windsor Terrace||
|Proximity: Park/Trains/Shopping & More|
First time on market, built in 1925 this supersized 45.25ft x 100ft more than double lot with an additional 4,000 sq ft of buildability presently has a commanding two family, two story, fully detached frame house offering a two plus car garage, a private entrance and private outdoor space for the tenant as well as the owner!
The owner's floor offers a two bedroom plus den with wood floors, French doors exposed brick and a wood burning fireplace just to mention a few of the original details! Enjoy the fireplace that warms this entire house with charm and stature in the winter and the central air conditioning that cools the house in the summer as well as the pool!
There is a new bathroom and a new kitchen offering hi-tech stainless steel appliances including a built in microwave and dishwasher, granite countertops and slate floors! There is a separate laundry room off the kitchen with stainless steel appliances as well. The owner's apartment offers an interior duplex if you choose to use the semi finished basement as a rec room or you can make it a completely finished basement but as is throw in an area rug, a TV, a couch and/or an office and it is a great rec room for the entire family!
The top floor tenant's rental, which offers a private entrance and yard, has an interior staircase making this apartment flow like a duplex and as you step into the spacious living room you are drenched with sunlight and surrounded by a nicely laid out oversized apartment offering a new eat in kitchen and bath and lots of closets. This apartment is beautiful, large and sunny and will bring in $2,500 monthly.
This is a property not to be missed as the house is super sweet and really lovely but independent of that it is just a massive sprawling property. Situated on one of Windsor Terrace's premiere, highly sought after, quiet, tree lined streets just 2 blocks to Prospect Park and one block to the Fort Hamilton Parkway stop on the F and G trains, 25 minutes to NYC or the Famous Coney Island Beach and Boardwalk in the other direction, as well as, steps to all cafes, restaurants, lounges, gym and so much more.
Asking $1,750,000, with 20% down which is approximately $350,000 and offering a rental which will easily command $2,500 monthly, that means at 4% interest rate it is $477 per hundred thousand that you are borrowing and the $2,500 rental offsets approximately $524,109 of the mortgage which further means folks you are essentially getting a one family 2 bedroom plus den duplex with a yard and two plus car garage for an approximately $875,891 mortgage!
Built In: 1925
School District: 15
Lot size : 45.25ft x 100ft
Building Size: 20 x 40ft
View The Floor Plan
Barbara Puccia - Broker | 718.755.1609