Status: Active

91 SOMERS Street, #

Ocean Hill

$1,499,000
 |  5 Beds  |  2.5 Baths  |  2,516SF

Description

Welcome to 91 Somers Street, a timeless two-family brick townhouse in Bedford Stuyvesant, offering a rare combination of charm, flexibility, and opportunity. This prewar gem is perfectly suited for both end-users and forward-thinking investors, with a layout and location that inspire creativity and long-term value. Whether your vision is to craft a dream home, generate reliable rental income, or pursue a single-family conversion, this property delivers. The expansive triplex provides comfortable living space while the upper unit helps generate strong rental income. For investors, 91 Somers Street represents has immediate upside in a rapidly growing neighborhood, the security of a stable asset, and the strength of a projected pro-forma cap rate of 5.60%.

Spanning approximately 3,304 gross square feet, the property, built in 1910, offers 2,516 square feet of interior residential space plus a 788-square-foot cellar. Set on a generous 18.75' x 100' lot, it benefits from coveted Tax Class 1 status and exceptionally low annual taxes of just $3,999. Zoned R6 the home provides immediate usability as well as future development potential, with an FAR of 2.43 and approximately 2,040 buildable square feet for expansion.
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Property Details

  • Multi Family

Amenities

  • Private Outdoor Space Over60 Sqft
  • Cooling: Other
  • Patio
  • View: Other
  • Smoke Free
  • Washer Dryer Allowed
  • Pets: Building Yes, No

The Neighborhood

Ocean
Hill
Ocean Hill

For information on 91 SOMERS Street, # contact:

realtor top real estate agent

Jacob Goldman

Founder, Principal Broker

212-388-1115

Founder, Principal Broker
listings@lohorealty.com
212-388-1115

Listing courtesy of Corcoran Group
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