Property Description

EXP Realty has retained the exclusive to present 342 Montauk Avenue, East New York, Brooklyn for sale. This is an eastward facing, legal 2 family, 3-story brick property with no basement. Building size is 20 X 50 with an enormous livable space at 2,900 sqft. Lot size is 20 X 100 at 2,000 sqft. Property consists of 2 residential units that are in excellent condition. First unit is a fully renovated Duplex - Garden and Parlor level, 3-Bedrooms, 2-Full Bathrooms at a generous 2,000 sqft with access to an 800 sqft backyard of which is currently being occupied with rents at $2,525/month. Second renovated unit is located on the 2nd Floor (Top Floor), 3-Bedroooms, 1-Full Bathroom at a spacious 900 sqft and will be vacant. Tenants are very responsible with no history of payment issues and leases expire August 2026. There are 2 gas boilers with 2 water heaters and tenants are paying their own utilities. Roof is about 8 years old and was serviced last year. Clear of all HPD and DOB violations. Annual taxes are a meager $4,436. The Shepherd Avenue train station for the A,C train is a close 5 minute walk. This property is meticulously well-maintained that requires no additional renovations or repairs. The new owner will be able to enjoy this worry-free income producing appreciating property and/or can be used as a future home. Complete pictures, videos, and virtual tours of the property are available upon request.

Property Features

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