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  • $175,000

    54 Fane Ct, Brooklyn, NY 11229

    4beds
    1,785sqft
    Single Family Residence
    Built in 1920
    -- sqft lot
    $177,300 Zestimate®
    $98/sqft
    $4,125 Estimated rent

    What's special

    Owner Financing or co-development options available! Residential Lot with approved plans for a 2-family home. This 1,785 SF virgin lot of land is located in the sunny, quiet, marina neighborhood of Gerritsen Beach. The zoning is R4 which allows you to build a home with a floor area ratio of 0.75 which is great on its own, but we have approved plans for a 1,380 SF, 2-family home that comes out to a floor area ration of 0.77 – approved! The design of this future, cozy two family home at 1,380 SF includes a ground-floor, 690 SF garage & cellar with 2-car parking and room for storage, a 2nd floor 2-bedroom, 1 bath apartment and a 3rd floor 2-bedroom, 1 bath apartment. You have the opportunity to go straight to the building phase and build your dream home or work with your architect on any changes to make your dream home a reality. Current real estate taxes are $92.42 per month, so at that rate you can take your time if you wanted to. With convenient access to the B31 bus route, playgrounds, baseball fields, little leagues, a skatepark, shopping, groceries, and a supermarket all on Gerritsen Avenue, this could be the perfect opportunity to build your cozy beach home, or build your first development for a sale next year, or add to your rental portfolio. The owner is willing to perform owner financing as well as co-development. It’s all up to your expertise and skill. As the exclusive listing agent for this property, Daniel Benzaken of RE/MAX Edge will be able to review the approved plans with you in his office. Feel free to drive by the lot and neighborhood anytime and then schedule a visit with Daniel at his office Monday thru Friday 9am to 5pm to review your options.

    Zillow last checked: 7 hours ago

    Listing updated: November 01, 2024 at 03:51am

    Listed by:

    Daniel Benzaken,

    Remax Edge

    Source: StreetEasy,MLS#: S1723048

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Interior area
    • Total structure area: 1,785
    • Total interior livable area: 1,785 sqft

    Property

    Details
    • Parcel number: 089390118
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 1920

    Community & neighborhood

    Location
    • Region: Brooklyn
    • Subdivision: Gerritsen Beach

    HOA & financial

    HOA
    • Services included: Maintenance
    Services availability