5514 Fort Hamilton Parkway, Brooklyn, New York 11219
- $1,998,000
- 7
- BD
- 3
- BA
- 3,036
- SqFt
- List Price
- $1,998,000
- Status
- ACTIVE
- Days on Market
- 79
- MLS#
- 501326
- Year Built
- 1915
- Bedrooms
- 7
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 3,036
- Lot Size
- 2,397
- MLS Area Major
- Boro-Park
Property Description
Prime Boro Park and Sunset Park three-family residential investment property, perfectly positioned for builders, developers, and long-term investors. Zoning highlight: R6 residential zoning with C1-3 commercial overlay, allows mixed residential + commercial usage, higher floor area ratio, flexible new construction, renovation & expansion options, huge development potential with easy approval for builder plans. Rare find oversized lot size 20×117.82, extra deep and wide lot layout, abundant open land for new ground-up development, multi-unit new build, home expansion. Solid well-maintained 3 family house layout, great steady rental income flow right now. Excellent location on Fort Hamilton Parkway, prime Boro Park neighborhood, close to all shops, restaurants, public transportation, highway, schools and daily amenities. Rare great zoning + extra large lot combination, perfect and ready to go for all builders & developers. Great value, won’t last long!
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Additional Information
- Financing
- 1031 Exchange, Bank Mortgage, Cash
- Zoning
- R6
- Flooring
- Hardwood
- Heating
- Gas
- Exterior Features
- Brick
- Stories
- 3
- Roof
- Flat
- Foundation
- Block, Poured Concrete
Mortgage Calculator
Courtesy Of RE/MAX Edge