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467 Pacific St Apt 12 – Contractor Special

$475,000
in
467 Pacific Street, Apt 12, ,
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Property Description

IN CONTRACT! Here is your opportunity to purchase a Sponsor Unit 2 bedroom/1 bath co-op in Boerum Hill at rock bottom price. The apartment is in need of a gut renovation and is a completely empty unit.  No fixtures, cabinets, bathroom, or finished flooring; it’s just a shell with huge potential.  Located on quiet Pacific Street and over looking the backyard and children’s playground.  with North and East exposure the apartment is flooded with light all day long.  The building has solid financials; storage (waitlist), easy sublet policy that after 2 years of occupancy you can sublet indefinitely.  Because the board know the apartment needs a gut renovation they are prepared to grant approval.  Located 3 blocks to Atlantic Terminal.  Purchasing from the sponsor so no co-op board approval.  Buyer pays transfer tax.  With renovated apartments selling at $1,000 sq.ft. you can design your own space and still be under sales price of other co-ops in the area.

Address: 467 Pacific Street, Apt 12
City:
Zip: 11215
Country: United States
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Property Id : 8797
Property Size: 700,00 ft2
Rooms: 4
Bedrooms: 2
Bathrooms: 1
gas heat
storage
walk-up
eat-in-kitchen
heat & water included

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