33A Lawton Street

$1,995,000
Price
5
Beds
2
Baths
1
1/2 Bath
2,784 Sq. Ft.
$717 / Sq. Ft.
2,784
Sq. Ft.
$717
per Sq. Ft.

Description

Attention investors and end-users in search of an exciting opportunity on the border of Bushwick and Bed-Stuy: Welcome to 33A Lawton Street!
Currently setup as a two-family over three stories, an investor could easily add value by converting to a three-family, utilizing the ~1,000 SF of air rights as an extension, and/or duplexing the first floor with the full basement. Alternatively, the easy floorplate would allow an end-user to combine the units into a magnificent single-family.
The present layout
...Attention investors and end-users in search of an exciting opportunity on the border of Bushwick and Bed-Stuy: Welcome to 33A Lawton Street!

Currently setup as a two-family over three stories, an investor could easily add value by converting to a three-family, utilizing the ~1,000 SF of air rights as an extension, and/or duplexing the first floor with the full basement. Alternatively, the easy floorplate would allow an end-user to combine the units into a magnificent single-family.

The present layout has the first two floors combined into a massive 3 bedroom/2 bath totaling nearly 2,000 SF. The family room and/or living room could be converted into a fourth bedroom, potentially even a fourth and fifth bedroom. The 3rd floor unit is a generously sized 1 bedroom/1 bath of approximately 900SF leaving ample space for a 2nd bedroom conversion. It is leased at $3,200/month and there is a lease out for the larger unit at $5,500/month. Considering the protected Tax Class 1 (maximum average tax increase of 4% annually), strong rental market, and appreciation occurring in the area, this property could work well for an income-based purchaser as well as a more value-add oriented investor.

Additional highlights include massively sized rooms, huge windows with an abundance of natural light, and plenty of storage space. Feel free to reach out with any questions or to set up a showing.

Listing Agents

  1. Gregg Haft

    Gregg Haft

    Listing Agent

    Compass

    gregg.haft@compass.com

    P: 917.833.5059

  2. Nathan Horne

    Nathan Horne

    Alternative Listing Agent

    Compass

Amenities

  • Full Basement
  • Lowrise

Location

Add your commute
LISTING UPDATED: 07/02/2023 12:57 PM

Property Details for 33A Lawton Street

StatusTemporarily Off Market
Days on Market46
Taxes$271 / month
Maintenance-
Min. Down Pymt-
Total Rooms10.0
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1920
Lot Size1,581 SF / 17' x 93'
CountyKings County

Building

33A Lawton St

2 Units3 StoriesBuilt in 1920

Location

Add your commute

Virtual Tour

Building Information for 33A Lawton Street

Stories3Residences2Year Built1920Building Size16.67' x 58'Building Sq. Ft2,900.58 SFLot Size1,581 SF / 17' x 93'Building Age-Building Type-

Payment Calculator

$11,159 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,888

Property Taxes

$271

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 33A Lawton Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 33A Lawton Street

Taxable ValueLand$11,940Additions$66,900Total$78,840
Home Facts
Total Finished SqFt2,784 SqFtLot Size1,581 SqFtYear Built1920ZoningR6APN3032250026

Schools near 33A Lawton Street

This home is within Nyc Geog District #32 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
P.S. 274 Kosciusko
PublicPK to 5

Is 347 School Of Humanities
Public6 to 8

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. 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 Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.