X

442 15th Street

8th Avenue and Prospect Park West
Townhouse
$2,150,000

This home has been sold

Subway Lines
Subway number F Subway number G
Nearby Subway Stations
Subway number F Prospect Park West - 14th St
Subway number G Prospect Park West - 14th St
Essentials
Price $2,150,000
Type Townhouse
Units 8
Floors 4
Bedrooms 20
Bathrooms 9
Rooms 46

An opportunity of a life time to buy and invest in Park Slope, this 8 family barrel fronted Brick/Limestone building is half a block from Prospect Park and the Bartel Pritchard Square. Centrally located, this 4 story property offers a perfect blend of urban living and tranquil oasis of the park with its many offerings. The neighborhood and Prospect Park offer a variety of activities; perhaps the cinemas or a plethora of choice dining around the corner may be what you need!

Built in 1907, this extra-wide brick building has many options for consideration. As an owner occupied, the two apartments on the first floors with the already legal converted basement can be combined into a tremendously large duplex of approximately 4,000 sqft of fantastic living space with a 500 sqft backyard. The other 6 apartments (2 free market, 4 stabilized) on the other three floors above offer an income of $7,117/MO to offset your mortgage; and there is still room for growth. If you decide to live on the top floor (appx. 2,000+ sqft) and rent out the other 6 apartments, your mortgage will be completely paid for with 30% down payment.

The other alternative is to keep it all as a long term investment or to go condo with four possible renovated market rent vacancies. The size of this building (28.5 x 84 on a 28.5 x 100 lot) and its prime location can command a fantastic returns on the condo conversion. The building will be sold in "as is" condition.

Agent
Licensed Associate RE Broker
See my 34 other sale listings
Park Slope
Living in Park Slope
With historic brownstones on tree-lined avenues and one of New York's most exceptional green spaces, Prospect Park, there's a lot to recommend Park Slope.
Explore Park Slope

This home has been sold

442 15th Street
8th Avenue and Prospect Park West
Townhouse
Essentials
Price $2,150,000
Type Townhouse
Units 8
Floors 4
Bedrooms 20
Bathrooms 9
Rooms 46

An opportunity of a life time to buy and invest in Park Slope, this 8 family barrel fronted Brick/Limestone building is half a block from Prospect Park and the Bartel Pritchard Square. Centrally located, this 4 story property offers a perfect blend of urban living and tranquil oasis of the park with its many offerings. The neighborhood and Prospect Park offer a variety of activities; perhaps the cinemas or a plethora of choice dining around the corner may be what you need!

Built in 1907, this extra-wide brick building has many options for consideration. As an owner occupied, the two apartments on the first floors with the already legal converted basement can be combined into a tremendously large duplex of approximately 4,000 sqft of fantastic living space with a 500 sqft backyard. The other 6 apartments (2 free market, 4 stabilized) on the other three floors above offer an income of $7,117/MO to offset your mortgage; and there is still room for growth. If you decide to live on the top floor (appx. 2,000+ sqft) and rent out the other 6 apartments, your mortgage will be completely paid for with 30% down payment.

The other alternative is to keep it all as a long term investment or to go condo with four possible renovated market rent vacancies. The size of this building (28.5 x 84 on a 28.5 x 100 lot) and its prime location can command a fantastic returns on the condo conversion. The building will be sold in "as is" condition.

Park Slope
Living in Park Slope
With historic brownstones on tree-lined avenues and one of New York's most exceptional green spaces, Prospect Park, there's a lot to recommend Park Slope.
Explore Park Slope
Subway Lines
Subway number F Subway number G
Nearby Subway Stations
Subway number F Prospect Park West - 14th St
Subway number G Prospect Park West - 14th St