Fantastic Investment Opportunity in Prime Brooklyn Location Discover this meticulously maintained, legal 3-family brick home located at the border of Park Slope and Gowanus. Spanning 20 feet in width and 45 feet in depth, delivered vacant this property offers versatile living spaces with incredible potential.
Property Features:
- 1st Floor Unit: A spacious 1-bedroom apartment with an additional office that can be easily converted into a second bedroom. This level can also be duplexed with the fully finished basement for expanded living space.
- 2nd & 3rd Floor Units: Each features a junior 2-bedroom layout, offering flexibility for conversion to create additional bedrooms or living areas.
- Unfinished basement: Primed to duplex with 1st Floor Unit to create recreational area.
- Outdoor Space: Enjoy a private courtyard accessible from the basement, perfect for outdoor relaxation or entertaining.
With well-maintained roofing and mechanicals, this property is in "move-in ready or primed for a renovation to meet your needs. The building offers significant upside potential, with 3,905 sq ft of unused FAR allowing for vertical expansion.
Situated in a highly desirable area, this home is surrounded by new condo developments, adding value to the neighborhood. Enjoy convenient access to Manhattan and Downtown Brooklyn via the nearby R, F, and G subway lines, as well as multiple bus routes.
Whether you're looking for a family home with rental income potential or an investment (condo conversion or rental) with room to grow, this property is an excellent choice.
In contract
$1,800,000
534 4th Ave, Brooklyn, NY 11215
3beds
2,700sqft
Multi Family
Built in 1901
-- sqft lot
$-- Zestimate®
$667/sqft
$-- HOA
What's special
Additional officePrivate courtyardVersatile living spaces
- 325 days
- on Zillow |
- 62 |
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