721 NEW JERSEY AVE, Brooklyn, NY 11207

South Brooklyn Gem Produces Whopping Returns!

Brooklyn is on FIRE right now, and so is this investment home! This south Brooklyn Two Family with completed basement is ready to be part of your investment portfolio. Healthy proforma income of $5,850 a month (1st Fl. $2,000; 2nd Fl. $2,100; & Basement $1,750) gives this investment a "Whopping" 56% Return-On-Investment (ROI) and "Enlarged" 10.8% Internal Rate of Return (IRR) (if held for 5 yrs and then sold at 10% appreciation). Solid Renaissance Revival Brownstone with elaborate cornices and Renaissance-inspired ornaments gives this building real curb-appeal. Brand new Boiler. Outdoor activities include jogging at the lighted track, playing tennis, or taking kids to the playground at Linden Park which is two blocks away. Potential users have easy access to the new Gateway Center to the south with shopping at JCPenny, GAP, Pier 1 Imports, Lane Bryant, Best Buy, and Old Navy. LET'S MAKE A DEAL! Call Now for your Private Showing. Disclaimer: Proformas are simulated financial results. The results achieved in our simulations above are illustrative. We do not guarantee future investment results. Furthermore, there can be no assurance given that projected returns on an investment property will be achieved. Whereby, investment results may vary substantially from investment to investment.