2907 AVENUE Z Brooklyn, NY 11235

$799,999
2907 AVENUE Z, Brooklyn, NY 11235
425027

Multi-Family Home for sale in Brooklyn, NY

for $799,999 with 5 bedrooms and 2 full baths, 1 three quarter bath. This 1,870 square foot home was built in 1920.

Property Information

  • $799,999
  • 5 Bedrooms
  • 2 Full Baths, 1 Three Quarter Bath
  • Multi-Family
  • 1,870 Square Feet
  • Taxes are $6,127
  • Multi Family
  • Active
  • 2 Floors
  • Built in 1920
  • Brooklyn, NY
  • Sheepshead Bay Neighborhood
  • Kings County
  • MLS/Web ID is 425027
  • Just Listed

Description

Extraordinary, solid-brick, fully-detached multi-family investment opportunity just coming to market in Sheepshead Bay! Rarely do we see such amazing investment potential; this home sits on an enormous, 3, 000 square foot lot that is currently zoned as an R4, which means there's another 1, 200 square feet of buildable space here to take advantage of! Currently, the property is a legal 2-family, with a 3-bedroom, 1-bathroom unit on the first floor, and a 2-bedroom, 1-bathroom apartment on the second floor; add to this a fully finished basement with its own separate entrance, that boasts a kitchenette, bathroom and an extra room, and you can easily see the astronomical potential with a property such as this! Outside, there's also a private driveway, and a fully detached garage with enough room to park several vehicles! The home itself needs some attention, but it is a true diamond-in-the-rough with astonishing potential! The neighborhood is tremendous as well as it's centrally located on Avenue Z, right around the corner from Nostrand Avenue, across the street from Sheepshead Park and Playground, a short walk to the Bay, and close to shopping and multiple transportation options including close to the Belt Parkway! This is truly a terrific investment opportunity that will be vacant for the new owner! Call today!

Interior 4

Basement

  • Full Basement
  • Outside Entrance to Basement
  • Partially Finished

Flooring

  • Hardwood Floors

Heating Source

  • Gas

Heating System

  • Boiler
  • Gas Hot Water Heat
  • Radiators - Steam

Exterior 5

Construction

  • Brick

Exterior

  • Back Yard

Foundation

  • Block

Roof

  • Flat Roof

Siding

  • Brick

Miscellaneous 1

Restrictions

  • No Pets

† Excluded Feature

Listed By

Broker: ELITE CONNECT REAL ESTATE INC
Phone: (347) 586-7242

2907 AVENUE Z , Brooklyn, NY, 11235 is a Multi-Family Home for sale at $799,999 with 1,870 sqft. 2907 AVENUE Z has 5 bedrooms, 3.0 baths, and was built in 1920. The property's zip code is 11235 which is in Brooklyn, NY

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Market Pricing

Average % of sale price Median % of sale price
All listings in Brooklyn $1,280,170 60 % above $950,000 19 % above
Multi-family listings in Brooklyn $1,415,645 77 % above $1,258,500 57 % above

Get the facts about Brooklyn, NY!

Population 2,605,119
Population Growth (since 2000) 6 %
Median Income $50,321
Median Age 35.91
Households w/ Children 29 %

Residential Dwellings

  • Owned 264711
  • Vacant 78635
  • Rented 691357

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Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363