Multi Family in Brooklyn, NY - Bedrooms: 5 - Bathrooms: 3 - Area: N/A - Year Built: 1920 - Lot: 2235 sqft
Brokerage: NY Homes Realty Group LLC
Legal 2 Family 1st Floor Living/Dining, Kitchen and 1 Bedroom. 2nd Floor Living/Dining , Kitchen and 2 bedroom. 3rd Floor Living/Dining, Kitchen and 2 bedroom. The multi-family residential property at 1351 Prospect Place, Brooklyn, NY 11213, offers a strategic blend of living and investment potential in a high-demand urban location. This three-story building spans 2,040 sqft (17.5x40 ft) on a generous 17.5x127.75 ft lot, zoned R6, which allows for flexible residential development or expansion under NYC's medium-density housing regulations. Low Taxes enhance its affordability, while the lot's depth and zoning flexibility invite possibilities like additions, conversions, or adherence to as-of-right developments. Sold in as-is condition, a consistently appreciating market position it as a compelling opportunity for buyers aiming to capitalize on long-term rental demand, renovation upside, or adaptive reuse in a neighborhood poised for growth. Walking distance to public transportation and stores.