Rare opportunity in highly desirable Gravesend, Brooklyn! Perfect for savvy investors, 1031 exchange buyers, or patient primary residence buyers looking to secure a premium home while collecting exceptional guaranteed income. This meticulously maintained single-family property features an incredibly spacious multi-level layout. The first floor boasts a huge, sun-drenched living room, a formal dining room, a full kitchen, a convenient half bath, a bedroom, and direct access to a private outdoor patio perfect for relaxation. The second floor features a massive master bedroom, an additional spacious bedroom, and a pristine full bath. The versatile walk-in lower level currently features a dedicated home gym and massive storage rooms that can easily be utilized as additional large bedrooms. Boasting huge development potential, this versatile footprint is ideal for a value-add conversion similar layouts in the immediate area can be successfully converted into a high-income 2-family residence! The property is currently occupied by an exemplary, immaculate live-in tenant running a successful home business. Near premier transit, dining, and shopping.