4-Family Property (two 2-family buildings)

FLOORPLANS
731 40th Street #Bldgs
$1,699,000 FOR SALE
3,100 ft²$548 per ft²9 rooms6 beds4.5 baths
Townhouse in Sunset Park
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DAYS ON MARKET
11 days on StreetEasy
MONTHLY CHARGES
Monthly Taxes: $303
ESTIMATED PAYMENT
Est. Payment: $6,406
LISTED AT:
Ideal Properties Group
Andrew Paul Smith
CONTACT AGENT

View listing at Ideal Properties Group


DESCRIPTION

Sunset Park at its best!

731 40th Street is an amazing one-of-a- kind opportunity to live AND invest at the same time! Cover your mortgage by living in one building and renting the apartments in the other, or use this entire property as a turn-key rental investment holding.

This legal four family property, comprised of 2 separate two-story buildings, sits on an extra-wide 25 foot by 100 foot lot with an interior garden between buildings serving as the perfect place for owner & tenants alike to commune. The front building has two 2 bedroom apartments with a common hallway for access to the rear building and interior garden. The back building is currently configured as a one bedroom apartment and a one bedroom duplex with recreation room & 1.5 baths.

Beautiful Sunset Park with its Art Deco recreation center and magnificent views of Manhattan, New York Harbor, and the Statue of Liberty is a block away from this property - offering an idyllic retreat and plentiful outdoor activities. Bustling 8th Avenue is less than a block away - with its wonderfully diverse shopping and dining options A short stroll further to 5th Avenue yields even more amenities! With booming Industry City at Sunset Park's Waterfront (which houses West Elm, the Brooklyn Nets and various other technology, media, creative, and manufacturing companies) your rental units will always be in demand. In addition, you and your tenants will be able to frolic at Bush Terminal Park with its Soccer/Baseball Fields or take a nice stroll along the esplanade enjoying the tidal pools.

731 40th Street is conveniently located by the express D train at 9th Avenue and the N & R trains at 45th Street or 36th Street stations.

Exclusively represented by Andrew Paul Smith of Ideal Properties Group, LLC, call today to schedule a private viewing! 

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