![[Sheepshead Bay Real Estate, listing number 3338881]](https://www.vlshomes.com/images/full/3338881a.jpg)
| Description: 3338881 | |
| Prime redevelopment opportunity with strong future value potential! Built in 1920, this detached two-story home spans approximately 892 sf per floor with a full basement providing additional space and flexibility. Situated on Block 8780, Lots 3 & 5, and located within an R4 zoning district, this offering presents a prime opportunity for expansion. Being sold together with the adjacent lot, the combined footprint creates a rare and highly desirable package for developers looking to maximize buildable potential or create a larger custom project. Whether youâ??re an end user looking to renovate, an investor seeking upside, or a developer planning your next build, this property offers flexibility, scale, and long-term value in a sought-after South Brooklyn location. Conveniently positioned near shopping, schools, and transportation, itâ??s a unique opportunity to secure both an existing home and additional land in one transaction. 3,500 sq ft lot Ã? 1.35 FAR Ë? ~4,700 sq ft buildable floor area. Base FAR: ~0.75 (up to ~1.35 with R4 infill rules). Typical outcome: small 2â??3 story residential buildings. Use types allowed: single-family, two-family, and small multifamily buildings Whether you renovate or rebuild, this propery offers a unique opportunity to create your vision in a prime setting! | |
Details: |
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| Bedrooms: | 2 | |
| Bathrooms: | 2 | |
| Property Type: | Single Family | |
| Rooms: | 4 | |
| Built: | 1920 | |
Financials: |
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| Price: | $1,300,000 | |
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