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Property profile & analytics
OFF-MARKET
Commercial real estate

3718 Lyme Ave Brooklyn, NY 11224

1,760 SF Built 1940
Property ID
US63-0784956
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1940
Total area 1,760 SF
APN K07000-0028
UPID US63-0784956
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
Allowed · conditional · prohibited
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