Welcome to 171 175 Malta street in Brooklyn.

171 Malta Street
Brooklyn NY 11207
Cross street:Dewitt Avenue

Building

Type:House
Era:Post-war
Floors:1

Property

Ownership: Single Family
Rooms: 4
Bedrooms: Studio
Pets: Pets Unknown

Financials

Price: $899,000
578 Driggs Avenue Brooklyn, NY 11211
Courtesy of Elliman

Description

Welcome to 171-175 Malta street in Brooklyn. Stunning, multi-lot investment opportunity, just hitting the market in red-hot East New York, close to all! Imagine that; two full 25 by 100 square foot lots directly next to each other. That's right, a whopping 5,000 square foot chunk of prime Brooklyn Real Estate. This is a very rare opportunity, complete with the extraordinary flexibility of M1-1 zoning, which would be perfect for commercial development, warehousing, or even advertising with its wide-reaching billboard exposure on Linden Boulevard, just around the corner! Or build out your own business, and utilize the space next-door for parking. So many possibilities! Currently, one lot has a spacious 3-bedroom, 3-bathroom single-family home with a fully finished basement, and the adjacent vacant lot rounds out this extremely impressive investment parcel! The house and adjacent vacant lot is rented for $2950. With 12,000 square feet of facility build-able potential, and an astonishing amount of versatility, it's not to be missed! Located just seconds from the busy and accessible intersection of Pennsylvania Avenue and Linden Boulevard, and a couple of blocks to the New Lots L train in one direction, and a few blocks to Linden Park in the other! Eye-popping potential, and all for under a million bucks! Don't hesitate, call today!

Amenities

  • Air Conditioning
  • Gas
  • Walk-up

Neighborhood

More listings:

Welcome to 171 175 Malta street in Brooklyn.

Description

Welcome to 171-175 Malta street in Brooklyn. Stunning, multi-lot investment opportunity, just hitting the market in red-hot East New York, close to all! Imagine that; two full 25 by 100 square foot lots directly next to each other. That's right, a whopping 5,000 square foot chunk of prime Brooklyn Real Estate. This is a very rare opportunity, complete with the extraordinary flexibility of M1-1 zoning, which would be perfect for commercial development, warehousing, or even advertising with its wide-reaching billboard exposure on Linden Boulevard, just around the corner! Or build out your own business, and utilize the space next-door for parking. So many possibilities! Currently, one lot has a spacious 3-bedroom, 3-bathroom single-family home with a fully finished basement, and the adjacent vacant lot rounds out this extremely impressive investment parcel! The house and adjacent vacant lot is rented for $2950. With 12,000 square feet of facility build-able potential, and an astonishing amount of versatility, it's not to be missed! Located just seconds from the busy and accessible intersection of Pennsylvania Avenue and Linden Boulevard, and a couple of blocks to the New Lots L train in one direction, and a few blocks to Linden Park in the other! Eye-popping potential, and all for under a million bucks! Don't hesitate, call today!

Amenities

  • Air Conditioning
  • Gas
  • Walk-up

Neighborhood

More listings:

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.