17 Aultman Avenue

New York NY 10306

2580 sq. ft.

3000 sq. ft.

Duplex

Currently for sale - view listing

Overview

Step into an exceptional investment opportunity situated in the coveted neighborhood of Richmondtown. This semi detached new construction mixed unit building is a testament to modernity and convenience, offering 2,580 sqft across three legal units spread across a generous 3000 sqft lot. At street level, a premier storefront commercial space beckons, encompassing 860 sqft of prime real estate, perfectly complemented by a full finished basement of equal size, ideal for expanding business operations or additional storage. Ascend to the upper levels to discover two distinct 2-bedroom, 2-bathroom duplex apartments, each boasting spacious layouts and meticulous attention to detail. Hardwood flooring graces every inch of these residences, leading you through thoughtfully designed interiors adorned with custom kitchens featuring luxurious quartz countertops and sleek finishes. Embracing an abundance of natural light, Andersen windows frame picturesque views of the surrounding neighborhood, creating an inviting atmosphere that residents will cherish. Beyond its aesthetic appeal, this property presents a compelling financial opportunity. With a conservative projection indicating a gross yearly rent of $108,000 and an approximate net yearly rent of $90,148 investors can anticipate a substantial return on investment. Whether you're looking to diversify your portfolio or establish a lucrative income stream, this property stands as a beacon of possibility in Richmondtown's flourishing real estate landscape. Seize the moment and unlock the potential of this remarkable investment gem.