27 East 18th Street Flatbush, NY 11226

$1,899,999
5
Beds
4
Baths
0.14
Acres
3,272
SQFT
581
$/SQFT
$1,899,999
5
Beds
4
Baths
3,272   sf
$581 / sf
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Calling All Investors and Builders! This prime Brooklyn property is an exceptional investment opportunity, offered at land value with the potential to become a magnificent primary residence mansion. The sizable lot, coupled with R7A zoning, permits the development of a 12,076 square foot apartment building, adding even more value. Key Features:-Lot Size & Zoning: Ample lot with current R7A zoning, ideal for a 12,076 square foot apartment building.-Prime Location: Just steps from the park, offering a perfect blend of urban convenience and natural beauty.-Transit Access: Conveniently located near the B & Q subway lines for easy commuting.- Lot is ideal for use as a parking lot. Property Condition:Exterior: The brick facade and foundation are in excellent condition, providing a solid base for future development. Interior: The property is in need of a full gut renovation, offering a blank canvas for your vision. This property combines promising development potential with an unbeatable location. Secure your spot in Brooklyn's rapidly growing real estate market before prices surge.

Calling All Investors and Builders! This prime Brooklyn property is an exceptional investment opportunity, offered at land value with the potential to become a magnificent primary residence mansion. The sizable lot, coupled with R7A zoning, permits the development of a 12,076 square foot apartment building, adding even more value. Key Features:-Lot Size & Zoning: Ample lot with current R7A zoning, ideal for a 12,076 square foot apartment building.-Prime Location: Just steps from the park, offering a perfect blend of urban convenience and natural beauty.-Transit Access: Conveniently located near the B & Q subway lines for easy commuting.- Lot is ideal for use as a parking lot. Property Condition:Exterior: The brick facade and foundation are in excellent condition, providing a solid base for future development. Interior: The property is in need of a full gut renovation, offering a blank canvas for your vision. This property combines promising development potential with an unbeatable location. Secure your spot in Brooklyn's rapidly growing real estate market before prices surge.

  • Neighborhood
  • Type
  • Total Baths
  • 1/2 Baths
  • County
    Brooklyn
  • Tax Amount
    $6,931
  • Status
    Active
  • Listing #
    3552515
  • Built
    1935
  • Lot Size
    0.14
  • Listed on site
    156 days
  • Attribution Contact
    929-605-5545

Listed by:
Karten Real Estate Svcs LLC

Source:
MLSLI

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Property details

Community Features

  • No HOA

Exterior features

  • Has garage
  • Garage Attached
  • No Pool
  • Basement

Interior Features

  • Heat Gas

Property History

DateDays AgoEventNew Price
Jul 30, 20243 mos agoPrice decreased100,000 (5%)$1,899,999
May 17, 20245 mos agoNew on market$1,999,999
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