264 Webster Avenue #408

Investor Opportunity! Tenant in place until May 2027. Currently paying $2,900. Cap Rate 4.6%. With great long term appreciation potential.
Bright & beautiful! 1 Bed / 1 Bath in full-service condominium. Generously sized, north-facing apartment awash with natural light. Also comes with a big balcony! Spacious 11'x14' bedroom easily accommodates a king-sized bed. Enjoy top of the line stainless steel appliances by Fisher & Paykel, Bertazzoni, and Blomberg, including gas cooktop and dishwasher. There's also a stackable LG Washer & Dryer in the unit for your convenience. Hardwood floors throughout, zoned Central Air & Fios enabled.
All of this in an extraordinary full-service condo with a beautiful lobby, doorman, package room, lounge/library, recreation room, gym, children's playroom, pet spa, roof terrace with extraordinary views and an outdoor kitchen/dining area. Additional laundry room in basement. Tax Abatement until 2034.
A plethora of incredible independent restaurants, cafes and bars, the Farmer’s Market, Flatbush Food Co-op and other conveniences nearby, including all that Cortelyou Rd has to offer. Super close to the Q and B trains at Newkirk Plaza and the F train at Ditmas Ave. Access beautiful, Ocean Parkway’s walking and bike paths, just 2 blocks away. Prospect Park, Downtown Brooklyn, Manhattan and Coney Island all easily accessible! Parking available for rent! Contact us for a private showing today. Monthly assessment of $429.23 through October 2025 - seller will pay this assessment.