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761 39Th St Brooklyn, NY 11232

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Pending
$1,500,000

Renovated 8-bed, 6-bath multifamily property with M1-2 zoning.

Property Features for 761 39Th St

General Information

Property type
Investment
Standard status
Pending

Building Details

Year built
1899

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Listing Contact
Primi Akhtar
Primi Akhtar
Source: Elliman

Listing Agent: Primi Akhtar

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Renovated Multifamily Building in Brooklyn

This renovated, three-story building measures 20 feet by 58 feet and is situated on a 20-foot by 100-foot lot. The property features 8 beds and 6 baths, offering potential for investors seeking high rent roll in a prime real estate location. The M1-2 zoning allows for potential mixed-use development, with 886 square feet available to build out, utilizing 1.56 of the 2.0 FAR. The second/top floor unit is vacant and includes 4 beds and 2 baths, with separate meters for gas and electric. The first/mid-level unit has 2 bedrooms and 2 baths, providing backyard access and a living room. A 3D tour is available for viewing. The ground/walk-in level features 2 baths, rooms at the front and back, a large open space, access to a large backyard, and access to the boiler room and washer hookup. The basement is fully clear and vacant. Located in Sunset Park, the property is near Park Slope, Industry City, Midwood, and Kensington. It offers convenient access to the B35 and B37 buses, as well as the D train, facilitating transportation throughout the city. Shops, cafes, grocery stores, a farmers market, parks, and schools are all within walking distance.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Brooklyn
County
Kings
State
New York
Longitude
-73.99774
Latitude
40.647804

FAQs

What type of property is this?
Apartment building - Renovated 8-bed, 6-bath multifamily property with M1-2 zoning.
Where is this apartment building located?
The property is located at 761 39Th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: - Prime Sunset Park location with easy access to transportation.; - High rent roll potential due to M1-2 zoning and desirable location.; - Fully renovated 3-story building with 8 bedrooms and 6 bathrooms.
More about this property
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