91 East 31st Street
Brooklyn, NY 11226
Cross street:Snyder Avenue

Building

Type:House
Era:Post-war
Floors:2

Property

Ownership: Multi-Family
Rooms: 10
Bedrooms: Studio

Financials

Price:$800,000
Listing Courtesy of Corcoran Group

91 East 31st Street Flatbush, Brooklyn Development opportunity with clear upside in a transit driven Flatbush location.

Description

91 East 31st Street Flatbush, Brooklyn Development opportunity with clear upside in a transit-driven Flatbush location. CASH OFFERS ONLY -Situated on an 18' x 100' lot within an R6 zoning district, this two-family property offers a straightforward path to expansion or full repositioning.The existing structure spans approximately 2,160 square feet and is configured as a two-family with an English basement, allowing for flexible layouts and multiple end-use scenarios. Whether delivered as a renovated multi-unit, owner-user with income, or expanded asset, the current configuration provides a usable base while plans are developed.The key value lies in the additional buildable square footage. With a maximum allowable build of approximately 3,960 square feet, there is roughly 1,800 square feet of unused FAR-creating a clear opportunity for vertical expansion or reconfiguration to maximize returns.Located in an Opportunity Zone and within close proximity to the 2/5 subway lines, the property benefits from strong rental fundamentals and long-term appreciation drivers.This is a clean, scalable project for developers seeking a manageable footprint with meaningful upside in a steadily growing Brooklyn submarket.

Key Development Facts:Lot: 18 ft x 100 ft (1,800 SF)
Building: 18 ft x 40 ftExisting: 2,160 SF
Configuration: Two-family + English basement
Zoning: R6
Max Buildable: 3,960 SF
Additional FAR: 1,800 SF
Stories: 2
Year Built: 1910T
Taxes: $6,500 - Please independently verify
Opportunity Zone: Yes
Transit: 0.16 miles to 2/5

Amenities

  • Patio

Neighborhood

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RLS Data display by Nest Seekers LLC.

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.