Active
  • $1,799,000

    118 Lott St, Brooklyn, NY 11226

    6beds
    4,001sqft
    Multi Family
    Built in 1899
    -- sqft lot
    $1,771,600 Zestimate®
    $450/sqft
    $-- HOA

    What's special

    Large private terraceFlexible duplexSeparate entrance
    --- APPOINTMENT ONLY---- SUNDAY 1PM-3:30PM For immediate consideration by Developers and Astute Investors: We proudly present a rare opportunity to acquire a spacious, fully gut-renovated two-family, three-story freestanding house in the high-demand Flatbush neighborhood. Sitting on an expansive 32 ft x 100 ft lot, this property offers a strong immediate rental income stream and significant future development potential. The home, renovated in 2018, boasts 4,001 square feet of meticulously finished living space and faces a tranquil pine tree setting. Unit 1: Flexible Duplex (1st & 2nd Floors): This generous unit is currently configured as a 3-bedroom, 2-bathroom home. The first-floor living area can be easily converted to an additional bedroom, creating a massive 4-bedroom, 2-bathroom layout. Its separate entrance on the first floor is ideal for generating extra income via short-term rentals (e.g., Airbnb). Unit 2: Skylight Apartment (3rd Floor): This bright apartment features 2-bedrooms, 1-bathroom enhanced by a beautiful skylight and opens onto a large private terrace perfect for outdoor BBQ and relaxation. Spacious attic Both units feature abundant SPACIOUS WALK-IN CLOSET space and dedicated IN-UNIT WASHER/DRYER on each floor. The location offers unparalleled tenant appeal and convenience Subway Access: Located just 8 minutes from the Beverly Rd (2, 5) subway station and 15 minutes from the Beverly Rd(Q) or Church Ave(Q) subway station, providing fast access to Manhattan. You are one block away from Food Bazaar for convenient grocery shopping and moments from the vibrant restaurants and cafes lining Cortelyou Road. A short 22-minute walk to Prospect Park for jogging, close to the renowned New Kings Theater, steps to new Luxury Condo Developments. This is a significant, turn-key investment combining a premium, income-producing asset with the substantial value of a prime development lot in a rapidly appreciating Brooklyn market.
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