Overview

This premier corner investment property with oversized lot and plenty of parking has hit the market and brings fabulous financial upside. This grand 2 family home comes with ambitious plans to be a 3-family or condo conversion featuring a proposed 3rd separate apartment with proposed separate utilities and separated 3 car garage parking. Recently started renovation included architectural plans, added sprinker system, and utility connection ready for proposed separate utilities. The parlor unit boasts a master with 2 bedrooms and 2 bathrooms while the other units each have 3 bedrooms and 1 bathroom. Gross rent is $3400 a month, not including potential parlor apartment with estimated market rent at $2k per month. You will love the character of this property including hardwood floors, spacious rooms, tall windows, and its convenience to NYC transportation. This investment property is in demand for committed investors, but you'll have to finish the project from renovation to ready to rent. When opportunity knocks, open the door to 1400 West St.