New York, NY 11205

Property

Ownership: For Sale
Type: Single Family
Rooms: 7
Bedrooms: 6 BR
Bathrooms:
Pets: No Pets Allowed
Lot Size: 0.05 Acres

Financials

Price:$1,350,000
Annual Taxes:$4,078.08
578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Corcoran MH, LLC

Opportunity Knocks ! Handyman Special with Expansion Potential amp ; Low Taxes !

Description

Opportunity Knocks! Handyman Special with Expansion Potential & Low Taxes! Bring your architect and contractor to unlock the next chapter of this diamond in the rough! Located on a charming, residential block lined with historic townhouses, this three-family property offers a rare opportunity in a highly sought-after location! The current building spans approximately 2,340 square feet and with approximately 660 square feet of unused buildable area there are multiple paths for value creation be that through vertical expansion, reconfiguration, or a full custom renovation. The neighborhood itself is a major part of the appeal: a true residential enclave with tree-lined streets, strong community feel, convenient access to transportation, local shops, restaurants, and steady long-term appreciation driven by limited supply and consistent demand. Investors and end-users alike recognize this area as one of the city’s most reliable pockets for value growth. Low taxes, flexible use, and meaningful upside make this a compelling long-term hold or end-user project in a neighborhood that continues to perform.

Amenities

  • Electricity Connected
  • First Floor Bedroom
  • Gas Oven

Long Island MLS

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.