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557 Montauk Ave., Brooklyn, NY 11208

$1,050,000
Active Listing
Listing Details:
$1,050,000 Price
Multi-Family Townhouse Property Type
New Lots Neighborhood
2 Beds
1 Baths
-- Approx. Sq. Ft.
$237 RET
Key Features:
Prewar
Allows Pets
Unit Garden
Description:

50x100 property. Buildable to 5000-12,000 sf. Take advantage of this tremendous investment opportunity in East New York. You would actually be purchasing 555 and 557 Montauk Avenue. 557 Montauk currently has a cute single family house on the lot measuring approximately 1200 square feet. 555 Montauk is currently used as the backyard for the house. Both lots are 25x100 with FAR of 1 to 2.4 (depending on usage). giving you a total of 5000 to 12,000 buildable square feet. Great opportunity to buy and develop an investment property with lots of rental potential or put your own touch to create a wonderful home of your own. Owner is motivated.

Listing courtesy of The Corcoran Group

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