108 Veronica Pl, Brooklyn, NY 11226
This exceptional Flatbush property presents a compelling redevelopment opportunity. Situated on a 3,682 sq ft lot (21 ft x 175.33 ft), this semi-attached two-family home offers significant potential for expansion. The existing structure, approximately 1,844 sq ft, features two units, each with an open-concept living/dining area, two bedrooms, a kitchen, and a bathroom. The lower unit also includes a full basement with a starter kitchen, additional rooms, and a laundry area. The property boasts a driveway, a two-car garage, and a large yard. Favorable R6 zoning allows for a Residential FAR of 2.43, Facility FAR of 4.8, and a built FAR of 0.50, resulting in a maximum usable floor area of 8,947 sq ft and an unused FAR of 7,106 sq ft. The asking price is $1,138,888, with a land value of $309.31/SF. This vacant property, built in 1920, presents a rare chance to create multi-family housing, condominiums, or other profitable ventures in a highly desirable Flatbush location. All information is deemed reliable but not guaranteed and should be independently verified.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.