Active
563 20th Street
Brooklyn NY, 11218
$2,495,000
$410.36 per sqft
Active
11 Beds
11 Baths
6,080 sqft
Townhomes
Built in 2002
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!
RPLU-33423196567
MLSⓇ ID
September 17, 2024
Listed
December 4, 2024
Updated
Map
563 20th Street
Brooklyn NY, 11218
Interior Features
Total Stories
3
Bedrooms
11
Total Bathrooms
11
Full Bathrooms
10
Half Bathrooms
1
Laundry Description
Building Other
Fireplace
No
Cooling
Yes
Cooling Description
Wall Unit(s)
Heating
No
Exterior/Building Features
Lot Size
0.07 Acres
Other Property Details
Taxes
$1,404
Tax Frequency
Annually
Garage
Yes
View
No
View Description
Other
County
Kings
Pool
No
Listed by Tam Le with Corcoran Group
Listing Contact: (718) 422-2524
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved
Data last updated on 12/4/2024 at 5:13 PM UTC