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$1,400,062
List Price: $1,425,000
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253 Troy Avenue

Condo in Weeksville •  building info
6bd • 3ba
Buy with Yoreevo

$1,400,062

List Price

$1,425,000

Key Details
Days on market
15
Last price change
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Estimated payment
$8,629/mo
Taxes
$940/mo
Maintenance
N/A
Description
Introducing 253 Troy Avenue, a legal three-family townhouse in Weeksville, bordering Crown Heights and ideally positioned between Lincoln Place and Saint Johns Place, less than 500 feet from Eastern Parkway. Delivered fully vacant at closing, the approximately 3,300-square-foot property comprises three spacious two-bedroom, one-bathroom apartments, each occupying a full floor. The first-floor residence features distinct living and dining areas, a windowed kitchen, generous ceiling heights of approximately 10 feet, and direct access to a private rear yard measuring approximately 20 feet by 33 feet. The second- and third-floor apartments offer expansive front and rear bedrooms, open living and dining areas, windowed kitchens, ample closet space, and ceiling heights approaching 10 feet. A full-footprint basement provides substantial storage and mechanical space, while the third floor includes access to the roof. Renovated approximately 15 years ago and maintained in good, functional condition, the property is being sold as-is and could benefit from cosmetic upgrading to meet today's design and rental standards. A proper Certificate of Occupancy confirms its legal three-family use, providing investors and end-users with confidence in the existing configuration. Sited on a 20-foot-by-89-foot lot with building dimensions of approximately 20 feet by 55 feet, 253 Troy Avenue also presents meaningful long-term development potential. The property is located within an R6/C1-3 zoning district, with a residential FAR of 3.0, a current FAR of approximately 1.85, and an estimated 2,047 square feet of additional buildable area, subject to independent architectural and zoning verification.

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Important Stuff
Washer/Dryer in unit
Building amenities
Services and facilities
Fios Available
Building info

History
What it'll cost
Purchase price
$1,425,000
Asking Price: $1,425,000
Term
30 Years
Down Payment
$142,000 (10%)
Min: 10% (142,000)
Rate
6.0 %
Mortgage Amount
$1,282,500
Mortgage Payment
$7,689
Taxes
$940
Estimated Yoreevo rebate
$24,938
Estimated closing cost
$54,000
Total monthly cost $8,629
Buy your dream home with us and get an estimated
$24,938 rebate.
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to a minimum commission.
Listing Courtesy of Douglas Elliman

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