271 New York Avenue

271 New York Ave Crown Heights, Brooklyn, NY 11216

$3,250,000
Price
7
Beds
7
Baths
5,250 Sq. Ft.
$619 / Sq. Ft.
5,250
Sq. Ft.
$619
per Sq. Ft.

Property Details for 271 New York Avenue

StatusActive
Year Built1905
DOM61
Compass TypeTownhouse
MLS Type-
Lot Size2,231 SF / 21' x 105'
Taxes$603 / month
Maintenance-
Minimum Down Payment-
CountyKings County

Building

271 New York Ave

3 Units3 StoriesBuilt in 1905

Listing Agent

Contact Agent(s)

Description

271 New York Avenue is an extremely rare 21' x71' corner property divided into two separate 4-story homes. This fully renovated 2-family home in the Crown Heights North Historic District is over 5200 square feet and offers two parking spots and a private roof deck. Each residence features a full floor living/dining room with an open chef's kitchen, 5 bedrooms upstairs and a massive finished rec room in the cellar.


The original doors, wooden fixtures and stained glass of this century old home were
... preserved while adding luxury finishes and top of the line appliances throughout including zoned heating and cooling and large laundry rooms. The residences are flooded with natural light with three exposures.


As an alternative to being a home for an end-user, 271 New York Avenue serves as a fantastic income property. It is currently configured as two residences, creating the perfect opportunity to live in the home while renting one apartment out, or allowing the owner to fully utilize it as an investment property with a rent roll of $200,000 annually and a cap rate of 5.7%. Set-up sheet available upon request.


The home is surrounded by coffee shops, grocery stores and trendy restaurants as well as stunning Prospect Park and the Botanic Gardens. Just two blocks to the Nostrand Ave 3 line, or three blocks to the President St 2 and 5 lines, with transfers to all major subway lines.

Amenities

Corner LotPorchEat-in KitchenDecorative FireplaceRoof DeckHigh CeilingsBasementLaundry in Building

Location

Listing Agents

  1. Noah Plener

    Listing Agent

    Compass

  2. Tamara Abir

    Listing Agent

    Compass

  3. Grace Giesler

    Listing Agent

    Compass

Building Information for 271 New York Avenue

Stories3Residences3Year Built1905Lot Size2,231 SF / 21' x 105'Building Age-Building TypeTownhouse

Payment Calculator

$12,293 per month

30 year fixed, 3.51% Interest

Principal and Interest

$11,690

Property Taxes

$603

HOA Dues

$0

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Property History for 271 New York Avenue

DateEvent & SourcePriceAppreciationLink
Aug 16, 2019Listed (Active)

Manual #f905fc2c5bdba48768d9ccfb6c58cdc8c2d85e93

$3,250,000
Mar 9, 2017Sold (Public Records)

ACRIS #2017032300542001

$1,500,000
DateEvent & SourcePrice
08/16/2019
Listed (Active)

Manual #f905fc2c5bdba48768d9ccfb6c58cdc8c2d85e93

$3,250,000
03/09/2017
Sold (Public Records)

ACRIS #2017032300542001

$1,500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 271 New York Avenue

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Educational Institute Oholei Torah-Oholei MenachemPrivatePK-120.1 mi
NR
St Gregory The Great SchoolPrivatePK-80.1 mi
NR
Hebron Seventh-Day Aventist BilingualPrivatePK-80.1 mi
NR
St Mark's Day SchoolPrivatePK-80.3 mi
NR

Educational Institute Oholei Torah-Oholei Menachem

PK-12, 0.1 mi, Private

NR

St Gregory The Great School

PK-8, 0.1 mi, Private

NR

Hebron Seventh-Day Aventist Bilingual

PK-8, 0.1 mi, Private

NR

St Mark's Day School

PK-8, 0.3 mi, Private

NR

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Crown Heights
From turn of the century wealth to a diverse community that benefits from its central location.

Neighborhood Map and Transit

Similar Homes

271 New York Avenue is a townhouse for sale in Crown Heights, Brooklyn, NY 11216. This property was listed for sale on August 16, 2019 by Compass at $3,250,000. It has been on the market for a total of 61 days and was last sold on March 9, 2017. Nearby schools include Is 340, St. Francis De Sales School and Darchai Menachem School-Boys. 271 New York Avenue is a 7-bed, 7-bath, 5,250 sqft townhouse built in 1905.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.
All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY