The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

1258 East 98th Street

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Canarsie – East 98th Street All-Brick Legal 2-Family Ranch BRP Exclusive!

Investor or end-user alert! Rare find – All-brick legal 2-family ranch in the heart of Canarsie. Built in 1960, this spacious layout offers excellent upside and long-term value.

Layout:

Top Floor: 4.5 rooms – 2 bedrooms

Walk-in Unit: 3.5 rooms – 1 bedroom

Full finished accessory basement with interior entrance

Property Features:

Private driveway and built-in garage

Private backyard plus front & rear patios

Lot size: 20 ft x 115 ft

Building size: 20 ft x 45 ft

Estate Sale – Must Be Sold with Occupant In Place (Legal Holdover)

Sold As-Is – Buyer must assume current occupant.

Tremendous Upside! A similar property on the block recently sold for $850,000. Once vacant, this property offers instant equity and value-add potential.

Priced to sell – Will NOT last at this price!

BRP Exclusive – No Co-Broke! Canarsie East 98 Street All Brick legal ranch 4.5 (2 bed) over 3.5 (1 bed) large room built in 1960 with full finished accessory basement! Interior entrance, private drive and garage and private backyard on 20 x 115 lot! Building size 20 x 45! Front & back patio! Estate Sale- Will NOT last at this price!!!! Must buy occupant – As Is! In legal hold over. Similar property in block sold for $ 850,000.00 once tenant is out – huge price increase- Buy today with EQUITY! BRP Exclusive no cobroke!! Must buy As Is- As Is, Sight Unseen, With TENANTS, All Cash deal, Close in 30 Days, NO ACCESS, No representation, All offers must have Proof of Funds, 30 down on contract escrow



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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