This new listing at 529 11th Street isn’t your standard Park Slope townhouse offering, since it’s currently divided up into three floor-through units, but it could be an interesting opportunity for a couple that doesn’t have kids yet but would rather grow into a house rather than buy a small apartment now and trade up later. The renovation of the top floor apartment–which will be delivered vacant–was very tastefully done as are the common areas of the building. With an asking price of $1,575,000, the combined rental income of $4,600 should easily cover 2/3 of the mortgage expense while you wait to boot out the tenants two years from now. Or not.
531 11th Street [Brown Harris Stevens] GMAP P*Shark