<p>A Rare Five-Story Income Producing Townhouse Opportunity in Prime Bed-Stuy</p><p>Welcome to 256 Jefferson Avenue, a rare opportunity to acquire a fully renovated five-story, five-unit 20 foot wide brownstone townhouse measuring almost 5, 200 SF on one of the most bucolic PRIME blocks in the heart of Bedford-Stuyvesant's coveted Bedford Historic District. Combining grand late-19th-century architecture with substantial income potential, the property offers an increasingly uncommon blend of historic character, modern infrastructure and investment performance.</p><p>Configured as five market-rate residences-one apartment per floor-the property has a projected combined rent roll of approximately $21, 000 per month / $252, 000 annually, generating a projected NOI of approximately $225, 500 and a 5.0% CAP rate.</p><p>The building has undergone a comprehensive renovation including new plumbing and electrical systems and a premium Mitsubishi multi-zone heat-pump HVAC system, all while preserving its distinctive historic character. Original details include decorative fireplace mantels and tilework, pocket doors, crown moldings and beautiful 19th-century stained-glass windows, while the building's ornate period facade has been meticulously restored.</p><p>Each residence is thoughtfully appointed with quality appliances from brands including Bosch, GE, Whirlpool, Frigidaire and LG, along with the convenience of in-unit washers and dryers. Individually controlled heating and cooling, custom window shades and Fios readiness throughout further enhance the property's appeal to today's renters.</p><p>Private outdoor spaces include a renovated garden with bluestone pavers and cedar fencing and a third-floor private deck with skyline views. Additional features include generously sized 1, 200 SF cellar with future finishing potential to create additional usable storage space.</p><p>Set along picturesque Jefferson Avenue within the Bedford Historic District, 256 Jefferson is surrounded by some of Bed-Stuy's most beautiful blocks, historic architecture, neighborhood restaurants, bars, cafés and amenities, with convenient access to the A and C trains at Nostrand Avenue a short 5 minute stroll away that gets you from your front door to lower Manhattan in approximately 20 minutes.</p><p>With five full stories, five market-rate residences, approximately $252, 000 in projected annual rental income and a projected 5.0% CAP rate, 256 Jefferson Avenue offers a rare combination of architectural pedigree, turnkey condition and compelling income potential in the heart of historic Brooklyn. Please inquire for Rent Roll and Expenses.</p>
