Price Reduced 5.00%
Price History
$1,999,999
5/17/2024
$1,899,999
7/30/2024
27 E 18th Street, Brooklyn, (Flatbush), NY, 11226
12 rooms
5 beds
3 Full / 2 Half baths
1935
Two Story
3,272 sqft
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.
Status:
Active
Town:
Brooklyn
Type:
Single-family residential
Garage:
1-car Attached
Heating:
Natural Gas, None
Cooling:
None
Basement:
Full
Parking:
Private, 1 Car Attached
Acreage:
0.14
Est. Taxes:
$6,931
Assessment
$1,782,000
Construction
Brick
Elementary School:
Ps 375 Jackie Robinson School
Middle School:
Ms 246 Walt Whitman
High School:
Science,Tech & Research High Sch
School District:
Community District 17
MLS #:
3552515
Community Info
School Info
Walk Score
Mass Transit
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Listing courtesy of Karten Real Estate Svcs LLC 929-605-5545