2871 Grace Ave

New York NY 10469

Multi-Family

Currently for sale - view listing

Overview

This 2 family is an all-brick, semi-attached three-story two-family sitting on a generous 30x100 lot. Built in 2006, this property offers the perfect blend of modern construction and income-producing flexibility for an owner-occupant or investor. The second and third floors feature spacious 3 bedrooms and 2 full bathrooms, including an en-suite master bath. The 2nd floor unit is currently vacant and rent-ready, giving the new owner immediate flexibility to move in or place a tenant at market rent. The top floor is occupied by a long-term tenant currently paying $3,400/month. The ground floor offers a large built-out storage space with real upside - easily converted into an additional legal unit for even greater rental income (buyer to verify with DOB). This is a rare opportunity to own a solid, low-maintenance brick building with immediate cash flow and room to grow.

Features

Multi-Family

Property history for 2871 Grace Ave

2019

Sold

$499,000

29 Apr 2019

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