• Asking Price $3,550,000
  • Estimated Value: $3,375,054
  • 64 S PORTLAND AVE BROOKLYN, NY 11217

  • 7 Beds 4.5 Baths 3,800 SqFt
  • Townhouse or Condo / For Sale by Owner

Property Details for 64 S PORTLAND AVE, BROOKLYN, NY 11217

Features

  • Price/sqft: $934
  • Lot Size: 0.05 acres
  • Total Units: 2
  • Stories: 300

Facts

  • Year Built: 01/01/1901
  • Property ID: 642560924
  • Parcel Number: 02099-0074
  • Property Type: Townhouse or Condo
  • County: KINGS

Description

This property is offered for sale directly by the owner. For Sale By Owner homes, also known as FSBOs, can be a good buying opportunity, because the owner will save up to 6% when there are no brokers involved in the transaction. This leaves more room for price negotiation and potential buyer savings.

This listing is NOT a foreclosure. REDUCED FOR A MOTIVATED BUYER TO HAVE THEIR DREAM HOME AND AN INCOME STREAM! $3.55 MILLIONCurrent owner is the general contractor and architect on file for this townhouse on a rarely available and highly sought after block, stone's throw from Fort Greene Park. There are approved plans from Department of Buildings and landmarks to build out your dream home. Home is ready for your finishing touches. Ready within 3 months to get you living in your new home and generating income on your rental unit. With 14 months of architecture and expediting work and fees completed, buyer will now have the opportunity to begin build out immediately. Buyer will be able to choose their own high end appliances, finishes, floors, layout, etc. The list price does not include all costs associated with the completion of this immaculate Fort Greene townhouse (finishing ranges from $400K-$900K)A perfect opportunity awaits you at 64 South Portland Avenue. Built 20 X 50 on a 100 deep lot, this two-family townhouse on a landmarked block presents perfect pre-war details for the chance to purchase now at a reduced rate. Can be used as a single family as well, if you prefer not to rent the bottom unit.Work in process will transform this space into a beautiful turn-key gem in Fort Greene. Plans for A triplex with five bedrooms / 3.5 bathrooms and a terrace overlooking the developing Brooklyn skyline, and private deck leading to the garden. Below the triplex will be a two bedroom apartment with private entrance with an estimated monthly rental yield of $4,000+.South Portland Avenue is a serene street where life slows down, tree-lined and centrally located, you wont be missing anything here. At one corner of the street is Fort Greene Park- Brooklyns first park, and at the opposite corner is the subway. With a plethora of culinary and nightlife options around, your palate will never go unfulfilled.Currently set up across 4 floors and a basement, the parlor floor is floor-to-ceiling windows that let massive amounts of light shine into the inlaid wood floor and brick exposed walls. Two fireplaces grace this floor, which provide equal amounts of charm and character. There is a powder room off the living area, and a large bath with soaking tub, hi-tech shower, and bidet.Situated just six blocks from Downtown Brooklyn, 64 South Portland is in the center of all that is Brooklyn. Never far from the action, but still in an enclave all your own. Make this space yours and enjoy the lovely surroundings of the area and the finishings of your space.

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