Description

Introducing 907 Jefferson Avenue, a late 19th-century, fully free-market three-family townhouse in the heart of Stuyvesant Heights, ideally positioned on a quintessential tree-lined brownstone block. Originally constructed in 1899, this income-producing asset comprises approximately 2,970 square feet above grade and features three expansive residences: a garden duplex configured as a three-bedroom, two-bath home with private backyard access, and two full-floor four-bedroom, two-bath apartments above-each thoughtfully designed and fully turn-key. Comprehensively gut-renovated in 2017, the property features modernized electrical and plumbing systems, individual tankless water boilers for each unit, and Mitsubishi split systems providing efficient heating and cooling throughout. Interiors are finished with a cohesive and contemporary design palette, including white cabinetry, stone countertops, tile backsplashes, stainless steel appliance packages with dishwashers, exposed brick accents, hardwood flooring, and in-unit washer/dryers across all residences. Ceiling heights further enhance the sense of volume, measuring approximately 9'3" on the first floor, 8'10" on the second floor, 9'6" on the third floor, and 7'2" in the fully finished 832-square-foot basement, which is seamlessly integrated into the owner's duplex. Sited on a 19.5' x 100' lot with building dimensions of 19.5' x 55', the property benefits from R6B zoning and approximately 682 square feet of unused FAR-presenting a compelling value-add opportunity for future expansion or reconfiguration. The property will be delivered vacant and in as-is condition, offering immediate flexibility for an investor or end-user to reposition and maximize income, with a projected cap rate of approximately 7.2%. Whether you're seeking a high-performing free-market asset or a live-plus-income opportunity, 907 Jefferson Avenue presents exceptional versatility and long-term upside. Conveniently located near the J and Z trains at Gates Avenue, as well as the A and C lines at Ralph Avenue, the property offers seamless connectivity to Manhattan and the greater Brooklyn area. Set within the historic charm of Stuyvesant Heights, residents enjoy a vibrant and evolving neighborhood known for its landmarked brownstone blocks, strong sense of community, and growing collection of trendy cafés, restaurants, and boutique shops. Just moments away, the lively corridors of Bushwick introduce an energetic nightlife scene, creative spaces, and some of Brooklyn's most sought-after dining destinations. Nearby parks and green spaces provide a welcome balance, offering opportunities for relaxation, recreation, and outdoor gatherings. Experience the unique blend of classic Brooklyn architecture, modern lifestyle, and cultural vibrancy that defines this dynamic pocket of Brooklyn at 907 Jefferson Avenue.