71 George St Brooklyn, NY 11206

Property Details for 71 George St

Year built

2003

Property size

2,502 SF

Property type

Commercial real estate

Description

This exceptional East Williamsburg investment opportunity presents a charming three-story brick two-family home built in 2003. Boasting 2,502 square feet of living space, this property includes two units: a three-bedroom, two-bathroom triplex with a kitchen island, washer/dryer, and walk-in closet; and a two-bedroom, one-bathroom unit. Both units feature updated bathrooms, recessed lighting, hardwood floors, and stainless steel appliances. Adding to its appeal is a 1,200 square foot backyard, an 800 square foot finished basement with 9-foot ceilings, and significant potential for expansion with 1,972 square feet of available air rights. The property also features gas heating, a new water boiler, and a two-car driveway. Situated on a 20.33 x 100 foot lot (building dimensions: 20.33 x 41 feet), it's zoned R6 with a FAR of 1.23 and a maximum FAR of 2.43. Annual property taxes are $7,486. Conveniently located near the Morgan Avenue L train and Myrtle Avenue M, J, and Z train stations, as well as Maria Hernandez Park and numerous shops, restaurants, and bars, this property is currently delivered vacant and presents a compelling value-add opportunity for the discerning investor. The property is being sold "as is."