Bring your vision to this classic Crown Heights two-family with exceptional upside. Located on a quiet residential block, 38 Stoddard Place is a well-proportioned 3-over-3 brick multi-family offering approximately 2,320 square feet of interior space on a 2,400 square foot lot. Built in 1925, the home retains timeless Brooklyn character and solid bones, making it an ideal canvas for transformation.The property features two full-floor apartments with high ceilings, separate entrances, and separate utilities. Each unit offers the potential for a spacious three-bedroom layout. The first-floor apartment requires a full gut renovation, presenting a prime value-add opportunity for an investor or end user ready to reimagine the space. A full basement provides additional storage and future potential, and there is outdoor space to enhance livability.This is an excellent opportunity for a cash buyer or investor looking to renovate, reposition, and capitalize on Crown Heights' continued growth and strong rental demand. With thoughtful updates, this home can become a high-performing income property or a customized owner-occupied residence with rental upside.Ideally situated just moments from the 2/5 trains at Nostrand Avenue and Sterling Street, the location offers easy access to Manhattan and the best of Brooklyn.A true fixer-upper with significant potential in one of Brooklyn's most desirable neighborhoods.
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Estimated Payment
$ 4,919.38 per month $3,783.46 Principal & Interest $640.08 Property Tax $495.83 Homeowner's InsuranceListing By
Agency Name: Keller Williams Realty Liberty
Agency Contact: 718-848-4700
Shown By
Agency Title: Laffey Real Estate
Agency Phone: 1-888-289-6902
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38 Stoddard Place | MLS# 942100
This multi-family property located at 38 Stoddard Place, Brooklyn, NY 11225 is currently listed for sale with an asking price of $1,700,000. Search Brooklyn real estate on www.laffey.com today.