$1,550,000
635 E 38th Street
Brooklyn, NY 11203
8
Beds
3
Baths
—
Square feet
1920
Built
Listing narrative
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.
Property Details
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Price
$1,550,000
Beds
8 bd
Type
Multi-Family
Home Size
Sqft n/a
Baths
3
Lot Size
0.11 acres
Year
1920
Status
New
Days on Market
8
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