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Epique Realty
635 E 38th Street, Brooklyn, NY 11203
- $1,550,000
- 8
- BD
- 3
- BA
- List Price
- $1,550,000
- Status
- ACTIVE
- Days on Market
- 2
- MLS#
- 1065148
- Subtype
- Residential Income
- Year Built
- 1920
- Bedrooms
- 8
- Bathrooms
- 3
- Full Baths
- 3
- Lot Size
- 5,000
- Acres
- 0.11
- Neighborhood
- Brooklyn
Property Description
Investment Opportunity – Vacant R4 Three-Family on Oversized Lot Excellent opportunity to own a vacant three-family property situated on an oversized R4 lot with a two-car garage, large driveway, and ample off-street parking. This property offers tremendous income potential, whether used strictly as an investment or as an owner-occupied home with rental income from the additional units. The first-floor unit features 3 bedrooms, a living room, dining room, and kitchen. The second unit is an oversized duplex offering 4 bedrooms and 2 bathrooms. The lower-level unit includes 1 bedroom. The home needs updating, but offers strong upside for investors, developers, or buyers looking to customize and add value. Additional income potential may be available through the two-car garage and spacious driveway, which can be rented separately. Architect comments are available upon request regarding potential development opportunities due to the property’s lot size. Buyer to perform due diligence regarding development possibilities, zoning, and permitted use.
Additional Information
- Interior Features
- First Floor Bedroom, First Floor Full Bath
- Taxes
- $9,069
- Heating
- Natural Gas
- Air Conditioning
- None
- Parking
- Driveway, Garage
- Parking Features
- Driveway, Garage
- Garage Spaces
- 2
- School District
- Brooklyn 22
- Elementary School
- Ps 198
- Middle School
- Andries Hudde
- High School
- Midwood High School
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Listing courtesy of Listing Agent: George Ockovic (GoCommercialInc@gmail.com) from Listing Office: YourHomeSold Guaranteed Realty.
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.