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Apt. 2 Family 434 Cleveland ST

$800,000

TAXES: $1,634

5 Bedroom/2 bath

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East New York Fully Renovated 2 Fam Detached House

Residential 2 family house that sits on a 25’ x 100' lot  on Cleveland Street  between Pitkin and Glenmore Ave.

Entire property has been completely renovated.  Both units have spacious layouts with open living rooms, eat in kitchens, windowed bathrooms, and king size master bedrooms.

There’s also a finished basement, and a top floor attic. Backyard is accessible from the side of the house and the 1st floor unit.

Perfect property for first time home buyers. 

Property may serve as a development opportunity, allowing up to 4 stories to be built.

 
• Located in a Qualified Opportunity Zone (Great for 1031 exchange buyers)

• Property can be delivered vacant (Currently one vacant unit)

• Nearest trains are the Shepherd Ave C train  / Cleveland Street J train

Overview:

Building Type: 2 Family Frame House / Potential Development / Conversion Sites 

Location: East New York    

Lot Dimensions: 25’ x 100’

Lot Sq Ft: 2500 sq. ft.

Buildable Sq. Ft. 3038

Zoning: R5B 

FAR: 1.35

FACULTY FAR:  2

Assessment Value: $29,760

Tax Class: 1

Taxes: $1,634 (May be eligible for Affordable NY Tax Benefits Program)

Building Sq Ft: 1584

Building Dimensions:  20 x 30

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