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    OFF-MARKET
    Commercial real estate

    108 Veronica Pl, Brooklyn, NY 11226

    3,682 SF Built 1920
    Property ID
    US63-5549378
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1920
    Total area 3,682 SF
    APN 05128-0016
    UPID US63-5549378
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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