Two-Family in Cypress Hills, $865K

This legal brick two-family in Cypress Hills at 294 Ridgewood Avenue is semi-attached and has two three-bedroom one-bath apartments. This house can be perfect for an owner-occupied with rental income or a long term investment property.

The house has some interesting brick patterns above the first floor and a small columned front porch with decorative ironwork above. The cornice looks to be in good shape but can use a scraping and painting like the columns.

Each unit is a generous size with separate living rooms and dining rooms, the unit pictured shows those two areas separated by an original detailed wood trim opening. Can there be more original details in the house?

The bedrooms are not lavish in size but for city living they’re decent. The 2nd floor unit has a bonus small room above the entry vestibule.

The kitchens are in the back of the house and I’d love to move them to the middle next to the dining area, opening the kitchen to the front of the house. All bedrooms would be in the back.

Bathrooms aren’t pictured so we don’t know the condition they’re in. With the few pictures in the listing the house appears to be well cared for so maybe the rest of the house is also in good condition.

Do you think this is a good value for the neighborhood?

(listing) https://www.elliman.com/new-york-city/294-ridgewood-avenue-brooklyn-kppxmip

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