688 Pennsylvania Avenue, Brooklyn, NY 11207
- $1,159,000
- List Price
- $1,159,000
- Price Change
- ▼ $16,000 1780541101
- Status
- ACTIVE
- MLS#
- 994260
Property Description
This four-family property presents a unique opportunity for investors and end-users looking to add value. The home includes a fully finished basement, offering additional usable space, as well as a private driveway for added convenience. While the property has solid bones and a functional layout, it does require updates and improvements, making it ideal for buyers seeking a renovation project or value-add investment. Each unit is currently maintained, but there is significant potential to modernize and increase rental income. With its generous configuration, there is also the possibility to convert the property into an eight-family dwelling (subject to proper approvals), further enhancing its income-producing potential. This is a must-see opportunity for those looking to customize, expand, and unlock long-term value.
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Additional Information
- Lot Size
- 2470
- Basement
- Full
- Year Built
- 1923
- School District
- Brooklyn 19
- Taxes
- $10,756
- Heating
- Natural Gas, Steam
- Parking
- Other
- Water
- Public
- Sewer
- Other
Mortgage Calculator
Listing courtesy of Listing Agent: Neriya Borukhov (neriknyc@gmail.com) from Listing Office: Winzone Realty Inc.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.