David A Palmieri
An Investor's Dream: Renovated Brownstone in Brooklyn. 191 Lefferts Place - $3,350,000
Updated: Jul 11, 2022
New York rent continues to rise. According to the New York Times, rent increased 33% between January 2021 and January 2022. In many cases, rents are now drastically higher than they were before the pandemic. With no signs of rental decreases in the near future, it is a great time to invest. Depending on your budget, there are many ways to invest in New York. Some people prefer purchasing condos and others see more value in buying a multifamily home. For those looking for something that will garner immediate returns, purchasing a renovated multifamily townhouse like 191 Lefferts Place is a great way to quickly maximize your profit.
191 Lefferts Place presents a rare opportunity for an investor to purchase a gorgeously renovated five-story Colonial brownstone at the highly coveted intersection of Clinton Hill & Bed-Stuy. Built in 1899 and completely renovated in 2022, this unique property with fantastic rental income blends historical architectural details with modern design. At approximately 4,511 total square feet, this legal two-family home is currently configured as a stunning Triplex over a Garden Duplex with a 764 SF cellar.
A pristine brick façade features double glazed thermal pane windows that flood the interior with natural light. The expansive parlor-level duplex spans 1,528 SF and contains 2 bedrooms with 2.5 baths. Soaring ceilings together with a grand chef’s kitchen open to metal deck perched over a lush and private backyard. The upper triplex boasts 2,219 SF and contains 3 bedrooms with 2.5 baths. A luxurious primary-suite has an enormous walk-in closet and bathroom with two vanities and a glorious deep-soaking tub. Just above are two greatly sized additional bedrooms.
Each apartment contains in-unit washer/dryers and the highest caliber appliances, including Fisher Paykel, Bosch, and Miele. The entire electrical system has been upgraded and the space is fully equipped with a split air system for heating and cooling.
191 Lefferts Place offers great rental income and growth in one of Brooklyn’s most admired neighborhoods. Enjoy owning a prized real estate asset in a vibrant community with some of Brooklyn’s best restaurants, shops, parks, and premier subway access to Manhattan.