New York, NY 11226

Property

Ownership: For Sale
Type: mixed-use
Bedrooms: Studio
Pets: No Pets Allowed
Lot Size: 0.04 Acres

Financials

Price:$1,349,000
Annual Taxes:$6,261.20
578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Zalman L. Pavel

Vacant, fully gutted R6 development opportunity in a high traffic location.

Description

Vacant, fully gutted R6 development opportunity in a high-traffic location. Existing structure with unused FAR offers potential to expand and reconfigure into up to 8 residential units plus 1 commercial unit (subject to DOB approval). Strong income upside with projected potential gross of approx. $21,000/month upon completion. Delivered vacant and ready for redevelopment. Ideal for developers, investors, or end-users seeking value-add potential. All information is deemed reliable but not guaranteed; the buyer is responsible for verifying zoning and development potential. All qualified offers considered.

Amenities

  • Natural Gas Available

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.