Located at 677 East 38th Street, Brooklyn, NY 11210, this two-family home presents a compelling investment opportunity in the vibrant East Flatbush neighborhood. Built in 1940, the property combines classic architectural charm with modern potential.

Property Features

• Two-Family Layout: The residence is designed as a two-family home, offering flexibility for rental income or multigenerational living.
• Spacious Interiors: Encompassing approximately 1,672 square feet, the home provides ample living space across its two stories.
• Brick Exterior: The property boasts a durable brick façade, adding to its aesthetic appeal and longevity.
• Lot Dimensions: Situated on a 16 ft x 100 ft lot, the home includes a full basement and a basement garage, enhancing its functionality.

Investment Highlights

• Current Tenancy: The property is tenant-occupied, with tenants on a month-to-month lease paying below market value, presenting an opportunity for rental income optimization.
• Emerging Developments: Located in an area experiencing significant growth and development, the property stands to benefit from the neighborhood’s upward trajectory.
• Accessibility: Proximity to major highways facilitates easy commuting and connectivity to other parts of Brooklyn and New York City.

Neighborhood Amenities

• Quiet Street: Set on a tranquil street, the home offers a peaceful living environment amidst the bustling city.
• Community Resources: The East Flatbush neighborhood provides access to various schools, parks, and shopping centers, catering to diverse lifestyle needs.

This property is ideal for investors seeking a foothold in a burgeoning Brooklyn community or homeowners desiring a versatile living arrangement with income potential.