1568 7Th St Brooklyn, NY 11230
- Mixed-use properties
- 3,333 SF
Current Use by Public Records
- Mixed-use properties
Property Details for 1568 7Th St
- Property size
- 3,333 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property, located at 1568 East 7th Street in Brooklyn, New York, presents a unique investment opportunity. Priced at $2,950,000, this 3,333 square foot detached two-family home sits on a desirable 34x100 lot and offers significant potential. The property boasts a private driveway and a spacious backyard, adding to its considerable appeal. The home comprises two distinct residential units. The first unit features four bedrooms, one bathroom, and a separate kitchen. The second unit offers three bedrooms, one bathroom, and its own separate kitchen. This configuration provides flexibility for a variety of uses, including owner-occupancy with rental income, or conversion into a larger single-family residence. Situated on a highly sought-after block in Brooklyn, this property benefits from its prime location and the inherent desirability of the East 7th Street neighborhood. The generous lot size and existing structure provide a solid foundation for future development or renovation, making this an attractive proposition for discerning investors and homeowners alike. The property's zip code is 11230. This is a rare opportunity to acquire a substantial property in a highly desirable Brooklyn location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- 36047
- State
- New York
- Longitude
- -73.9671
- Latitude
- 40.6126