563 20TH Street Active

Brooklyn,NY 11218

$ 2495000

11 Beds

11 Baths

6080 SqFt


Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 6,080 sqft

Price per Sqft $410

Subdivision Windsor Terrace

MLS Listing ID RPLU-33423196567

Bedrooms 11

HOA Y/N No

Year Built 2002

Annual Tax Amount $1,404

Property Description


Welcome to 563 20th Street - an exceptional 5 Unit Property featuring 11 bedrooms, 10.5 bathrooms with 8-balconies, rooftop, 5 Parking Spaces and rear yard nestled in the highly sought-after Windsor Terrace neighborhood. This three-story rent-stabilized building, solidly constructed in 2002, spans an impressive 6,080 sq. ft. on a 40' by 80' lot, offers tremendous upside and phenomenal layouts.

Property Highlights:
- Building Size: Approximately 6,080 sq. ft. (40 ft. x 60 ft.)
- Lot Size: 40 ft. x 80 ft.
- Units: Five-unit building with 11 bedrooms and 10.5 bathrooms
- Balconies: Eight balconies, plus a rooftop and rear yard
- Parking: Garage with up to 6 parking spaces
- Basement: Full basement with five locked storage units, a 3-set coin-operated machine laundry room, and a mechanical room with meters

Residential Details:
- First Floor Duplex: A sprawling 1,627 sq. ft., 3-bedroom, 2.5-bathroom unit
- Upper Floors: Four sun-drenched, 2-bedroom, 2-bathroom apartments, each with two balconies
- Luxury Features: King-size primary ensuites with full baths, open-concept kitchens with eat-in islands, oak wood floors, French doors, and recessed lighting throughout
- Rooftop Potential: The rooftop offers an opportunity for furnishing and landscaping, with the potential to add value

Financials:
- Monthly Rent Roll: $12,527
-Expenses:
-- Heat: $342/month
-- Electric (Common Areas): $114/month
-- Insurance: $272/month
-- DEP: $300/month
-- Real Estate Taxes: $117.49/month
-- Partial tax abatement for 3 more years

This rent-stabilized building is delivered fully occupied with long-term, reliable tenants in good standing. With its prime location, strong rental income, and the potential for rooftop enhancement, 563 20th Street is an outstanding investment opportunity with upside.

Don't miss your chance to own this meticulously maintained property with tremendous upsides in one of Brooklyn's most desirable neighborhoods!

Location

State NY

County Kings

Building/Complex Name 563 20th Street

Rooms

Basement Other

Interior

Cooling Wall Unit(s)

Fireplace No

Laundry Building Other

Exterior

View Y/N No

View Other

Porch Patio

Private Pool No

Building

Dwelling Type Townhouse

Story 3

New Construction No

Others

Pets Allowed Pets Allowed

Ownership None

Monthly Total Fees $117

Special Listing Condition Standard

Pets Allowed Building Yes,No

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