942 72nd Street, Brooklyn, NY 11228

$2,888,000
6
BD
4
BA
2,744
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,888,000
MLS#
1027278
Status
ACTIVE
Bedrooms
6
Bathrooms
4
Living Area
2,744
Lot Size
8000

Property Description

Attention Savvy Investors and Developers! This is a rare opportunity to acquire a legal 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: 1-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! Add this high-potential gem to your portfolio today!

Additional Information

Year Built
1901
Style
Colonial
School District
Brooklyn 16
Total Taxes
7037
Heating
Natural Gas
Parking
Carport, Detached, Driveway
Parking Spaces
8
Basement
Partially Finished
Water
Public
Sewer
Public Sewer
Taxes
$7,037

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Louis M. Guida (lou.guida@kw.com) from Listing Office: Keller Williams Realty Empire.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.