18 Gravesend Neck Rd Brooklyn, NY 11223

Property Details for 18 Gravesend Neck Rd

Property size

2,000 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a four-unit apartment building located at 18 Gravesend Neck Road in Brooklyn, New York. The property boasts a substantial 5,313 square foot lot and a 2,000 square foot building. Currently configured as a two-family home, the property offers significant potential for expansion and redevelopment. The existing structure features six rooms, three on each floor, a full basement with high ceilings and backyard access, and a two-car garage with carports accommodating four vehicles. A charming front yard and expansive backyard with a deck provide ample outdoor space. The property is conveniently located near the "F" train station, offering easy access to public transportation, shopping, and dining. The property will be delivered vacant, allowing for immediate occupancy or renovation. Importantly, the zoning allows for the construction of a building up to four stories, with a potential total square footage exceeding 13,000 square feet, and is also zoned for office and/or school use. This presents a unique opportunity for both residential and commercial development. Prospective buyers are advised to conduct their own due diligence to verify all details. The asking price is $1,150,000.