Attention Savvy Investors and Developers !
| Website: | https://www.nestseekers.com/5641163 |
|---|---|
| Address: | 942 72nd Street Brooklyn, NY 11228 |
| Cross street: | Fort Hamilton Parkway |
| Type: | House |
| Era: | Post-war |
| Floors: | 2 |
| Ownership: | Multi-Family |
|---|---|
| Bedrooms: | Studio |
| Bathrooms: | 4 |
Financials
Price:$2,888,000
Real estate tax:$7,200
Description
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! Inquire today through the listing broker to view the proposed plans and schedule a private showing. Add this high-potential gem to your portfolio today!
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! Inquire today through the listing broker to view the proposed plans and schedule a private showing. Add this high-potential gem to your portfolio today!
Amenities
Driveway; Garage;
- Balcony
- Patio
- Garage
- Walk-up
578 Driggs Avenue Brooklyn, NY 11211 Phone: +1 718-302-0900 Fax: +1 718-228-3917 | |
| Listing Courtesy of Keller Williams Realty Empire | |