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369 51st St., Brooklyn, NY 11220

Active Listing
Listing Details:
$1,795,000 Price
Multi-Family Townhouse Property Type
Sunset Park Neighborhood
6 Beds
3 Baths
-- Approx. Sq. Ft.
$5,000 RET
Key Features:
Rooftop Access
Unit Balcony
Unit Garden

Welcome to 369 51st Street, where Brownstone Brooklyn meets the perfect urban environment. This property, located in Sunset Park, is one of New York City's most attractive and growing neighborhoods. You'll be within minutes from popular Industry City and Brooklyn's Chinatown district. Downtown Manhattan is 30 minutes by train & local venues and attractions are all within a few blocks away.

The R train station is just two blocks away.This is the only residential property on the block with R7A Zoning, meaning it has air rights. It is possible to build 6 floors high plus extend the structure 15 ft. back, using up to 8,000 square feet buildable space. This property is at a higher elevation at the top of the block near 4th Avenue, meaning the newly added floors will have stunning views of New York Harbor and lower Manhattan.

It is possible to include balconies for best access to the views as a much sought after detail. Add a rooftop garden for even more value! It is also classified as mixed use C2-4 zoning which allows for commercial space. There is also a basement that provides an additional opportunity for a duplex, or additional storage. As is, each of the three floors measure in at 1,100 sq. ft, presenting an excellent opportunity for a sound rental property.

Explore or expand your vision on the finished garden-space in the rear of the building. Whether you're looking for a home with an income stream or are a developer with big plans, this is a dream opportunity. Act quickly!

Listing courtesy of The Corcoran Group

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