2042 Gerritsen Avenue, Brooklyn, New York 11229

$823,000
2
BD
2
BA
1,672
SqFt

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List Price
$823,000
Status
ACTIVE
Days on Market
40
Price Change
▼ $25,000 1784687320
MLS#
502480
Style
Other
Year Built
1950
Bedrooms
2
Bathrooms
2
Full Baths
2
Living Area
1,672
Lot Size
1,600
MLS Area Major
Marine Park

Property Description

SOLD AS PACKAGE WITH 2044 GERRITSEN AVE. Total package Asking Price: $1,088,000. Potential 3-bedroom, 2-bathroom semi-detached home, currently configured as a 2-bedroom, being sold together with the adjacent vacant lot to create a combined lot area of approximately 4,716 sq ft. Located on the border of Sheepshead Bay, Marine Park, Madison, and Gerritsen Beach, this rare South Brooklyn package offers space, parking, flexibility, and long-term upside. The home sits on a 16.33 x 100 lot and features approximately 1,672 sq ft of living space, 2 full bathrooms, a built-in garage, private driveway parking, and room for additional cars. The existing layout offers strong potential for a 3-bedroom configuration, subject to buyer verification with a contractor, architect, and all applicable approvals. The home is mostly in good condition with some TLC needed. The adjacent vacant lot is approximately 3,083 sq ft and adds major value for outdoor space, additional parking, expansion possibilities, or future development potential. R4 zoning with approximately 2,312 sq ft of additional buildable floor area indicated. Buyer must independently verify zoning, buildable square footage, lot dimensions, development potential, legal use, permits, and conversion feasibility.

Additional Information

Taxes
$7,771
Financing
1031 Exchange, Bank Mortgage, Cash
Property Description
Other
Zoning
R4
Flooring
Hardwood, Tile
Heating
Gas
Exterior Features
Brick, Siding
Stories
2
Roof
Pitched
Foundation
Block, Poured Concrete

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