Buy with Yoreevo
$1,622,500
List price: $1,650,000
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148 29th Street
Townhouse in Greenwood • 
building info
5bd • 3ba • 2,100 ft 2
Buy with Yoreevo

$1,622,500

List price

$1,650,000

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Key Details
Days on market
38
Last price change
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Estimated payment
$11,354
Taxes
$458
Monthly maintenance
N/A
Description
Rarely available true 3-family in the up-and-coming neighborhood of Greenwood Heights where you can enjoy open space and tranquil living. Perfect for an end-user or investor. Currently used as an income property with 3 separate rental units, but can easily be made into an owner's duplex with an income-producing unit on the ground floor. Lot size is 25x100 and unused FAR of 2,905. All units have been recently renovated. Currently configured as a 2 bedroom/1 bath (top floor), 2 bedroom/1 bath (2nd floor) and a 1 bedroom/1 bath (ground floor). All units have access to a well-manicured backyard through a 5' private alley that runs along the side of the house. Each unit has separate mechanical and grids which can be billed directly to tenants, leaving operating costs low. Ceiling heights in each unit are over 9'. Currently only using .84 of FAR, with a Max FAR of 1.65 (if residential use) or 2 (if commercial use), so plenty of room to expand the property. Possibility to expand each unit to a 3 bed/2 bath. Total lot sq ft 2,504, Minutes away from the R at 25th or the express N, D at 36th, and Industry City, one of the largest manufacturing coworking spaces and retail spaces in Brooklyn. Close to Greenwood Park a 13,000-square-foot, indoor-outdoor beer garden with bocce courts and a seasonal menu. There are also several high-profile condo and commercial projects coming soon along 4th Avenue and 5th Avenue. This is a great investment opportunity, or perfect for someone looking for more space, this can't be missed!

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History
What it'll cost
Purchase price
$1,650,000
Asking Price: $1,650,000
Term
30 Years
Down Payment
$165,000 (10%)
Min: 10% (165,000)
Rate
8.0 %
Mortgage Amount
$1,485,000
Mortgage Payment
$10,896
Taxes
$458
Estimated Yoreevo rebate
$27,500
Estimated closing cost
$58,000
Total monthly cost $11,354
Buy your dream home with us and get an estimated
$27,500 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
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