Attention Savvy Investors and Developers!This is a rare opportunity to acquire a legal three-family home on a spacious 8,000 sq ft lot zoned R4-1, complete with a private driveway and tremendous upside potential.The existing building features three well-laid-out apartments:First Floor Duplex (with semi-finished basement): 4 bedrooms, living room, dining room, eat-in kitchen, 2 bathrooms, front yard, and rear porch - approximately 1,700 sq ft.Second Floor: 1-bedroom apartment with kitchen, dining room, bathroom, and a charming screened-in balcony - approximately 900 sq ft.Top Floor: Cozy 1-bedroom apartment with living room and dining room - approximately 800 sq ft.The property includes one heating system (gas boiler and hot water heater) serving the entire building. The private driveway comfortably fits 6 vehicles, plus there's a detached double-car garage.For developers, approved conceptual designs are available to build three new two-family homes, each with a detached garage - offering a maximum total buildable area of approximately 7,965 sq ft under current zoning.This is a massive opportunity for any builder or investment team looking to capitalize on strong rental demand or redevelopment potential in a prime location.Don't miss out! Add this high-potential gem to your portfolio today!
Listing By
Agency Name: Keller Williams Realty Empire
Agency Contact: 718-954-8400
Shown By
Agent Name: TEAM Property Sisters
Agent Phone: (516) 233-9700
Agency Title: Howard Hanna | Coach Realtors
Estimated Payment
$ 13,831.48 per month $12,402.73 Principal & Interest $586.42 Property Tax $842.33 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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942 72nd Street | MLS# 1027278
This home located at 942 72nd Street, Brooklyn, NY 11228 is currently listed for sale with an asking price of $2,888,000. This property was built in 1901 and has 6 bedrooms and 4 full baths with 2744 sq. ft. 72nd Street is located within the Brooklyn 16 school district. Search Brooklyn real estate on www.hopeandfaithpropertysisters.com today.