150 Cres St Brooklyn, NY 11208-1645

This exceptional investment opportunity presents four properties located at 150 Crescent Street in Brooklyn, New York, offered as a single package deal. Each property is a two-family dwelling with an attached store currently utilized as a warehouse. The combined square footage of all four buildings totals 10,880 square feet, situated on a 0.17-acre lot. This presents a unique chance for a savvy investor to acquire a substantial portfolio in a prime location. The R5 zoning designation allows for significant redevelopment potential, with a maximum buildable square footage estimated at approximately 9,400 square feet. This could be ideal for the creation of multiple retail spaces, capitalizing on the property's proximity to a thriving commercial district. The convenient location offers easy access to public transportation, being within walking distance of the J and Z subway stations, ensuring excellent connectivity for both residents and potential businesses. The current configuration of the properties, with their existing warehouse spaces, provides immediate income potential while offering the flexibility to adapt and expand based on future development plans. The asking price for this entire package is $3,999,000. This is a rare opportunity to acquire a substantial multi-family and commercial property portfolio in a rapidly developing area of Brooklyn. Serious inquiries only.