Extraordinary, solid-brick, fully-detached multi-family investment opportunity just coming to market in Sheepshead Bay! Rarely do we see such amazing investment potential; this home sits on an enormous, 3,000 square foot lot that is currently zoned as an R4, which means there’s another 1,200 square feet of buildable space here to take advantage of! Currently, the property is a legal 2-family, with a 3-bedroom, 1-bathroom unit on the first floor, and a 2-bedroom, 1-bathroom apartment on the second floor; add to this a fully finished basement with its own separate entrance, that boasts a kitchenette, bathroom and an extra room, and you can easily see the astronomical potential with a property such as this! Outside, there’s also a private driveway, and a fully detached garage with enough room to park several vehicles! The home itself needs some attention, but it is a true diamond-in-the-rough with astonishing potential! The neighborhood is tremendous as well as it’s centrally located on Avenue Z, right around the corner from Nostrand Avenue, across the street from Sheepshead Park and Playground, a short walk to the Bay, and close to shopping and multiple transportation options including close to the Belt Parkway! This is truly a terrific investment opportunity that will be vacant for the new owner! Call today!
Sold
Zestimate®
$1,020,600
2907 Avenue, Brooklyn, NY 11235
5beds
1,870sqft
Multi Family
Built in 1920
-- sqft lot
$1,020,600 Zestimate®
$546/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 22 hours ago
Listing updated: December 11, 2024 at 05:07pm
Listed by:
Elite Connect Real Estate
Source: StreetEasy,MLS#: S1376260
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Interior area
- Total structure area: 1,870
- Total interior livable area: 1,870 sqft
Property
Details
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1920
Community & neighborhood
Location
- Region: Brooklyn
- Subdivision: Sheepshead Bay
HOA & financial
HOA
- Services included: Maintenance