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$ 1,275,000
Est. payment /mo
Price Dropped by $25K
1351 Prospect PL Brooklyn, NY 11213
5 Beds
3 Baths
2,234 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 940714
Bedrooms 5
Full Baths 3
Rental Info No
Year Built 1920
Annual Tax Amount $2,885
Lot Size 2,234 Sqft
Acres 0.0513
Property Sub-Type Duplex
Source onekey2
Property Description
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.
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.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Unfinished, Walk-Out Access
Interior
Interior Features First Floor Bedroom, First Floor Full Bath
Heating Baseboard, Natural Gas
Cooling None
Fireplace No
Exterior
Parking Features None
Utilities Available Cable Available, Electricity Available, Natural Gas Available
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Frame
Others
Senior Community No
Special Listing Condition None
Listed by NY Homes Realty Group LLC • Zain Javed