294 Schenck Avenue
Property Description
Legal 2-Family Home in East New York with Income-Producing Potential! Welcome to 294 Schenck Avenue, a spacious legal 2-family townhouse located in the heart of East New York, Brooklyn. Offering approximately 2,200 square feet of living space, this versatile property is ideal for end-users, multigenerational living, or investors seeking strong rental income potential in one of Brooklyn's rapidly evolving neighborhoods. This classic Brooklyn home features a 2-bedroom, 1-bathroom owner's unit over a 3-bedroom, 1-bathroom apartment, plus an additional finished basement with 1 bedroom and 1 bathroom. The layout provides flexibility for extended family, guest accommodations, or supplemental income opportunities. Inside, you'll find generously sized living areas, high ceilings, original architectural details, and abundant natural light throughout. The property blends old-world Brooklyn character with everyday functionality, creating the perfect canvas for customization and value-add improvements. The upper unit offers spacious bedrooms and comfortable living and dining areas, while the lower apartment provides a practical layout perfect for tenants or an extended family. The finished basement adds even more usable space, making this property an exceptional opportunity for buyers looking to maximize square footage and long-term value. Situated on a residential block in East New York, the home is conveniently located near public transportation, shopping, schools, local restaurants, parks, and major thoroughfares. Residents enjoy easy access to the A, C, J, and Z subway lines, multiple bus routes, and nearby Jackie Robinson Parkway and Belt Parkway connections, making commuting throughout Brooklyn, Queens, and Manhattan seamless. Whether you're a first-time homebuyer looking to offset your mortgage with rental income, an investor searching for a strong Brooklyn asset, or seeking flexible living arrangements, 294 Schenck Avenue presents an incredible opportunity to own a legal multi-family property in New York City. *Property will be delivered vacant.Broker Details
eXp Realty (888) 276-0630
MLS ID: 223810 State License Number: 10401372009
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $829,000 |
| No. of Units: | 3 |
| Year Built: | 1930 |
| Opportunity Zone: | No |
| Price per unit: | $276,333 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 3 |
ID: 3yd-MLSLINY-997152
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
381 S Main St.
Greenville Boro, Pennsylvania
105 S Walnut St
Blairsville Area, Pennsylvania
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout