$1,240,000
$1,199,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
1,533 Sqft Lot
SOLD DATE : 10/19/2026
Key Details
Sold Price $1,240,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Flatbush
MLS Listing ID 959260
Sold Date 10/19/26
Bedrooms 6
Full Baths 4
Rental Info No
Year Built 1901
Annual Tax Amount $5,100
Lot Size 1,533 Sqft
Acres 0.0352
Property Sub-Type Triplex
Source onekey2
Property Description
Great opportunity in one of Brooklyn's most consistent and active corridors. A legal three-family brick building with vacant delivery offers full control at closing, allowing for immediate use, repositioning, or long-term planning without delay.
The property spans approximately 3,018 square feet across three residential units, each averaging about 1,000 square feet. The layout includes two 2.5-bedroom railroad-style apartments with dual entrances and one ground-floor two-bedroom unit. The building is solid brick construction with updated bathrooms, and a full basement featuring a bathroom and direct access to the backyard. It has been held and maintained by the same family for over 60 years, reflecting consistent care and stability.
A defining feature of this property is its zoning advantage. Located in an R6 district, the building is currently underbuilt with a FAR of 1.97, allowing for approximately 1,580 additional buildable square feet. This creates the ability to expand or reconfigure over time, adding meaningful long-term value beyond the existing structure.
The location supports strong, ongoing demand. Positioned along Bedford Avenue, the property is surrounded by neighborhood retail, dining, and everyday conveniences. It is near Brooklyn College, a major local anchor, and close to Prospect Park and the historic Kings Theatre. These established amenities contribute to the area's continued appeal.
Transportation access is another key advantage. The property is located near the 2/5 Subway Line at Flatbush Junction, providing direct connectivity into Manhattan and throughout Brooklyn.
From a practical standpoint, the configuration allows for multiple use scenarios, whether for residential occupancy, income generation, or future expansion. The property also benefits from relatively low annual taxes of approximately $5,100, contributing to overall efficiency.
The fundamentals are clear. The lot measures approximately 1,534 square feet, with a maximum allowable buildable area of 4,602 square feet. The difference between the current structure and the allowable build represents tangible additional potential.
This is a well-located, flexible asset with immediate usability and long-term upside.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Finished, Full
Interior
Interior Features Entrance Foyer, Other, Walk-In Closet(s)
Heating Other
Cooling None
Fireplace No
Exterior
Parking Features On Street
Fence Back Yard
Utilities Available Electricity Connected, Natural Gas Connected
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Norma Adams Clemons Academy
Middle Schools Ms 246 Walt Whitman
High Schools Brooklyn 17
School District Brooklyn 17
Others
Senior Community No
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with Max It Realty


