Active
430 Vanderbilt Avenue
Brooklyn NY, 11238
$3,500,000
$994.32 per sqft
Active
6 Beds
4 Baths
3,520 sqft
Town House
Built in 1930
Don't miss this opportunity to own your piece of Fort Greene's rich history with a tour of 430 Vanderbilt.
This meticulously maintained 1872 Brownstone boasts a stately 20' wide lot that invites you to step into this spectacular bygone era property with many of the pre-war, elegant period details still intact.
Currently configured and used as a lucrative, high-income 4-unit dwelling, this Brownstone exudes sophistication with its many pre-war original details including marble fireplaces, ornate tin ceilings, wood trims and moldings, paying homage to an era of elegance worthy of the Avenue's namesake.
In exceptional turnkey condition, and with ample remaining air rights, 430 Vanderbilt lends a flexibility to the advantage of both investors and end users alike.
For savvy investors, maintaining the property's existing setup delivers an immediate and substantial returns with the four free market, high income rentals, complete with pre-war charms and updated kitchens and bathrooms. These fully occupied apartments have excellent tenants and also will surely captivate any potential future renters seeking for a full floor apartment featuring a blend of classic pre-war charms and modern conveniences.
For an owner occupier, one can dream big with the versatility the property affords. Utilize and restore all five floors to create a magnificent trophy single-unit home or opt to create a blend of comfort and financial security by converting the lower floors into a gracious owner triplex with an expansive 1,000 sqft backyard, and income generating apartments from the upper two floors. The potential to re-configure the different layout and usage to fit one's needs present endless possibilities with little requirement to a full scale restoration. Most importantly, one reaps the benefits of an incredibly well cared for property including recently renovated fa ade, updated mechanicals, including a new boiler and a new roof. These updates will safeguard 430 Vanderbilt as a minimal to hassle-free ownership experience.
Nestled in the landmarked Historic District of Fort Greene surrounded by other neighborhoods including Downtown Brooklyn, Prospect Heights and Clinton Hill, this magnificent Brownstone provides access to some of the most coveted shopping, fine dining, and nightlife in all of Brooklyn including the Vanderbilt business corridor, BAM and the Barclay's Center with transportation from the A,C,G Subways and Atlantic Terminal.
Seize this rare opportunity to own 430 Vanderbilt, a magnificent Fort Greene's Brownstone in Brooklyn!
RPLU-33422915722
MLSⓇ ID
September 3, 2024
Listed
September 16, 2024
Updated
Map
430 Vanderbilt Avenue
Brooklyn NY, 11238
Interior Features
Total Stories
3
Bedrooms
6
Total Bathrooms
4
Full Bathrooms
4
Appliances
Washer Dryer Allowed
Laundry Description
Washer Hookup, In Unit
Fireplace
Yes
Fireplace Description
Decorative
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.05 Acres
Other Property Details
Taxes
$20,580
Tax Frequency
Annually
Garage
No
View
No
View Description
Other
County
Kings
Pool
No
Listed by Tam Le with Corcoran Group
Listing Contact: (718) 422-2524
The IDX display contains information sourced from the Real Estate Board of New York as of 9/16/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available
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Data last updated on 9/16/2024 at 2:47 PM UTC