521 Van Siclen Avenue
In Contract

Coop For Sale  • 
East New York
Web ID # 1186648 RLS

$ 1,200,000

10 Beds • 5 Baths • 3,900 ft2  
Tax (Monthly): $671

Building & Unit Features

  • Laundry In Unit
  • Exceptional solid brick semi-attached legal 4 family home just hitting the market on Van Siclen Avenue! One block from the Van Siclen 2,3 and 4 trains, this extraordinary multi-family investment property in move-in ready condition will be delivered vacant to the new owner! This huge legal 4-family is 25 by 78 square feet on a long 25 by 100 square foot lot with R6 zoning, FAR 2.43 and an allowable useable floor area of 6,073 square feet allowing for an unused FAR of 2.17 giving any new owner the ability to build another entire floor up on top! With over 3,700 square feet of living space on the top 2 floors and another 1,850 square feet in the impressive basement, complete with heat and high 7-foot ceilings, this is an opportunity not to be missed. The basement has both a front entrance leading into a spacious apartment as well as a side entrance leading into another entirely separate space making the hidden value in this gem well worth mentioning. The first and second floors have 2 separate matching apartments on each floor, all with 9-foot ceilings; the front units have a 3-bedroom, 1 bathroom unit and each of the back ones have a 2-bedroom 1-bathroom unit for a total of 10 bedrooms, that's not including the flexible and considerable extra basement space! Each and every unit on the top two floors have loads of windows due to the accompanying courtyard along the side of the property, perfect for all residents to relax in a private outdoor space. The building itself has a new boiler and is very clean and well-kept. Short walk to the Brooklyn Public Library and the Martin Luther King Playground just a couple of blocks away. 4-family homes delivered vacant in this area are very rare, and this one is ready to start generating a lucrative rental income from day one! This great property won't last, call today!

    BOND New York Properties is a licensed real estate broker that proudly supports equal housing opportunity.
    Floor: 1
    Stories: 2
    Units: 4
    Total Rooms: 15
    Pet Policy: No Pets
    Listing Courtesy Of Douglas Elliman Real Estate

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    Estimated Monthly Costs


    $6,068
    Est. Mortgage
    $671
    Real Estate Tax
    $6,739
    Monthly Total*
    * The estimated monthly costs provided by this caculator are for illustrative purposes only, with no guarantee regarding accuracy.
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    Nearby Subways

    • 3 Van Siclen Ave & Livonia Ave (~0.07 mile)
    • A C Van Siclen Ave & Pitkin Ave (~0.40 mile)


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