3718 Lyme Ave Brooklyn, NY 11224
This charming 2-family home in Brooklyn, NY, presents a fantastic investment opportunity. Located at 3718 Lyme Ave, in the 11224 zip code, this property boasts 1,760 square feet on a 2,600 square foot lot. Built in 1940, the two-story building features two units, each priced at $374,999.50, for a total asking price of $749,999. The property is zoned AE and includes five bedrooms and two full bathrooms. Three bedrooms are located on the upper floor, with a potential for a third bedroom on the ground floor, offering flexibility for owner occupancy and rental income. The home features hardwood floors throughout and a private backyard. Its convenient location offers easy access to schools, shopping, and public transportation via nearby bus lines. The property is currently owner-occupied. This is a rare opportunity to acquire a well-maintained, legal two-family home in a desirable Brooklyn neighborhood. The property's size, layout, and location make it an ideal investment for both seasoned and first-time investors seeking strong rental income potential and the possibility of owner occupancy. The Kings County location and the property's APN is K07000-0028.
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.
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Risks
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