This East Flatbush/Flatlands package deal offers an incredible opportunity to purchase three lots for the price of one, totaling 8,000 sq ft across 80 x 100 lots in an M1-1 zone. Also known as 5332 Preston Court (Block #7949, Lot #263), a 1-family duplex with a 14 x 31 building size featuring 3 bedrooms, a huge living room, formal dining room, eat-in kitchen, and finished basement on a 20 x 100 lot, currently rented as a single-family home on a month-to-month lease paying $2,500 per month; 34 Preston (Block #7949, Lot #262), a vacant 20 x 100 lot (2,000 sq ft); and 36 Preston (Block #7949, Lot #260), a 40 x 100 lot (4,000 sq ft) rented by Verizon with 4 years remaining on the lease at $2,600 per month. This property offers tremendous commercial potential with M1-1 zoning, a Commercial FAR of 1, a Facility FAR of 2.4, and up to 19,200 buildable sq ft without community space, making it ideal for developers or conversion into a warehouse, parking area, church, or other ventures. Don’t miss out—call for details!
For sale
$1,400,000
32 Preston Ct, Brooklyn, NY 11234
3beds
1,092sqft
Single Family Residence
Built in 1925
2,000 Square Feet Lot
$1,374,600 Zestimate®
$1,282/sqft
$-- HOA
What's special
Finished basementFormal dining roomEat-in kitchen
- 8 days
- on Zillow |
- 134 |
- 8 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 24, 2025 at 07:10am
Listing by:
Brooklyn Real Property, Inc 718-272-8988,
Alessandro Marra 631-697-7258
Source: BNYMLS,MLS#: 490959

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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Other
Features
- Flooring: Other
- Basement: Full
Interior area
- Total structure area: 1,092
- Total interior livable area: 1,092 sqft
Property
Parking
- Total spaces: 6
- Parking features: Private Drive, 6+ Spaces, Parking Area
- Has uncovered spaces: Yes
Features
- Stories: 2
- Fencing: Full
Lot
- Size: 2,000 Square Feet
- Dimensions: 20x100
- Features: Back Yard, Front Yard
Details
- Foundation area: 434
- Parcel number: 079490263
- Zoning: M1-1
- Special conditions: Arm's Length
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Vinyl Siding, Other
- Foundation: Other
- Roof: Other
Condition
- Year built: 1925
Utilities & green energy
- Electric: Other
Community & HOA
Community
- Subdivision: Brooklyn
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $1,282/sqft
- Tax assessed value: $573,000
- Annual tax amount: $2,676
- Date on market: 4/18/2025
- Total actual rent: 2500
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