Discover this exceptional investment property, perfect for a 1031 exchange, located in a highly sought-after neighborhood. Built less than 20 years ago, this three-family townhouse offers three desirable apartments, a full basement with high ceilings, a spacious garden, and convenient parking.

Property Highlights:
Fully Occupied: Enjoy a steady stream of passive income with all units currently leased.
Recent Renovations: The top two apartments have been recently updated with modern kitchens and bathrooms, each featuring three bedrooms and two bathrooms.
Ground Floor Unit: The first-floor apartment includes two bedrooms and two bathrooms, with direct garden access and an exclusive parking space. Consider the potential to expand by combining this unit with the basement.
Buildable FAR: Explore future expansion possibilities or consider a condo conversion project.

Location Benefits:
Nestled next to the quiet, tree-lined blocks of Lefferts Manor, known for its handsome single-family homes. Enjoy local favorites like Camillo's Roman restaurant, just around the corner. Excellent connectivity with easy access to subway and bus routes.

Investment Potential:
This property not only offers immediate rental income but also holds potential for future development. Tenants are responsible for heating costs, further enhancing your investment returns. For more details, including rent roll/expenses and photos, please contact the listing agent.