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660 47th St., Brooklyn, NY 11220

Active Listing
Listing Details:
$999,988 Price
Multi-Family Townhouse Property Type
Sunset Park Neighborhood
5 Beds
2 Baths
1,966 Approx. Sq. Ft.
$620 RET
Key Features:
Unit Garden
Unit Laundry

Unique and intriguing multi-family opportunity just coming to market in the heart of Sunset Park! Rarely do we see such interesting investment homes; in need of an entire renovation after a fire inside the home, here is the ultimate multi-family development opportunity! With the solid brick structure and studs all still whole and intact, the original layout was a 3-bedroom apartment over a 2-bedroom unit with a full walk-in basement and now with the R6B zoning and 1,926 square feet of unused FAR, there is the ability to build an additional 2 stories on top and convert into a larger more lucrative 4 family home (consult with your architect). On a 19.41 by 100 square foot lot, with more than 1,966 square feet of original living space along with a full basement, has large front patio space and a generously sized backyard. While the property needs an entire makeover, clearly the development opportunity is unrivaled in this prime location at this staggering price. Calling all investors, developers and contractors to bring your very best ALL CASH OFFER, this is a must-see development opportunity that simply will not last! With the R train just down the hill at 45th Street, the exciting and diverse Chinatown just up the street and the newly renovated Sunset Park itself minutes away, complete with Swimming Pool and one of the best city views in all of Brooklyn, this neighborhood is second to none! Don't wait, call today!

Listing courtesy of Douglas Elliman Real Estate

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