33A Lawton Street
33A Lawton Street
$1,995,000
5
2
1
2,784
2,784
$717
Temporarily Off Market
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.
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
Amenities
- Full Basement
- Lowrise
Location
LISTING UPDATED: 07/02/2023 12:57 PM
Property Details for 33A Lawton Street
Status | Temporarily Off Market |
---|---|
Days on Market | 46 |
Taxes | $271 / month |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 10.0 |
Compass Type | Multi Family |
MLS Type | Multi Family |
Year Built | 1920 |
Lot Size | 1,581 SF / 17' x 93' |
County | Kings County |
Building
Location
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
The Payment Calculator is for illustrative purposes only.
Property History for 33A Lawton Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 | ||
EBC High School for Public Service-Bushwick Public9 to 12 | ||
Bushwick Leaders High School For Academic Excellence Public9 to 12 |
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.
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