698 Lexington Ave, Brooklyn, NY 11221

Property Description

Two Brownstones, one lot. An exceptional investment opportunity!698 Lexington Avenue presents a rare opportunity to own two separate brownstone residences on one lot in the heart of Bedford-Stuyvesant. With three residential units across two buildings, this property offers excellent flexibility for owner-occupants and investors alike.The main brownstone features two spacious duplex residences. The upper three-bedroom, two-and-a-half-bath duplex offers generous living spaces, a chef's kitchen, abundant natural light, and a private outdoor deck. The lower one-bedroom, one-and-a-half-bath duplex features exposed brick, a versatile lower-level recreation space, and plenty of character.The separate rear house offers two large bedrooms, one-and-a-half bathrooms, a private terrace, and an additional 17' 32' basement, ideal for extra storage or flexible use.Located on a charming Bed-Stuy block, the property is conveniently positioned near the J, M, Z, and A trains, as well as beloved neighborhood restaurants, shops, and parks.Live in one residence and rent the others, or maximize rental income across all three units. With strong income potential and an attractive projected cap rate, 698 Lexington Avenue is a compelling opportunity in one of Brooklyn's most desirable neighborhoods.