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.

1669 Hendrickson Street

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Strictly an as-is, all-cash sale, purchaser must acquire the property subject to an existing Unsafe Building lis pendens stemming from prior fire damage. Introducing 1669 Hendrickson Street, a circa 1920 semi-detached single-family residence situated on a quiet, tree-lined block in the heart of Marine Park, between Avenue P and Quentin Road. Set on a 20 ft x 100 ft lot, the property offers approximately 1,352 square feet of existing interior space, along with a private driveway – a highly sought-after feature in the neighborhood.

The home presents a classic early 20th-century footprint with strong underlying potential for renovation, redesign, and long-term value creation. Zoned R3-2 with approximately 140 square feet of additional buildable area remaining, the property may appeal to both investors and end-users looking for an opportunity to customize and restore a home in a desirable residential location.

Please note, access is currently limited due to the condition of the property, and there is no confirmed information available regarding bedroom count or the status of the mechanical systems.

The seller will clear the existing tax lien at closing. Anything beyond that will be delivered strictly as-is, and purchaser will be required to take title subject to the existing Unsafe Building lis pendens and any associated violations tied thereto.



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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