![[Gravesend Real Estate, listing number 3340982]](https://www.vlshomes.com/images/full/3340982a.jpg)
| Description: 3340982 | |
| Rare investment opportunity in highly desirable Gravesend, Brooklyn! Listed below its official city valuation at $995,000, this meticulously maintained single-family property offers immediate built-in equity and stable, hassle-free income from day one, making it an exceptional turn-key asset for a 1031 exchange or a forward-thinking investor. The main level features a massive, sun-drenched living room, a formal dining room, a full kitchen, one bedroom, a full bathroom, and direct access to a private outdoor patio. The second floor boasts an expansive primary bedroom, an additional spacious bedroom, and a pristine full bath. The ground floor / walk-in lower level provides a versatile, expansive footprint currently utilized as a home gym and massive storage areaâ??perfect for a home office, recreation room, or media space. The property is currently occupied by an exemplary, long-term tenant on a multi-year lease, ensuring immediate, reliable income and zero vacancy risk. Financials and lease details are available upon request to qualified buyers. Furthermore, the massive footprint provides excellent value-add conversion potential; similar layouts in the immediate area have been successfully converted into high-income, legal 2-family residences. Located just steps from premier Brooklyn transit, dining, and shopping, this is a secure, low-risk addition to any portfolio. All future conversion potential, zoning requirements, and ground floor/walk-in usage are subject to the buyer`s independent verification with a licensed architect and the NYC DOB. | |
Details: |
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| Bedrooms: | 5 | |
| Bathrooms: | 3 | |
| Property Type: | Single Family | |
| Rooms: | 6 | |
| Built: | 1930 | |
Financials: |
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| Price: | $995,000 | |
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