942 72nd Street, Brooklyn, New York 11228

$2,888,000
7
BD
4
BA
2,744
SqFt

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List Price
$2,888,000
Status
ACTIVE
Days on Market
12
MLS#
502965
Style
Colonial
Year Built
1901
Bedrooms
7
Bathrooms
4
Full Baths
4
Living Area
2,744
Lot Size
8,000
MLS Area Major
Dyker Heights

Property Description

Attention Savvy Investors and Developers! This is a rare opportunity to acquire a 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: 2-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!

Additional Information

Taxes
$7,200
Financing
1031 Exchange, Bank Mortgage, Cash
Property Description
Colonial
Zoning
R4-1
Flooring
Hardwood, Tile
Heating
Gas
Exterior Features
Siding, Stucco
Stories
3
Roof
Pitched, Shingle
Foundation
Poured Concrete

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy Of Keller Williams Realty Empire