627 E 32Nd St Brooklyn, NY 11210
For Sale
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This stunning three-family Victorian home at 627 East 32nd Street in Brooklyn, New York, presents a remarkable investment opportunity. Situated in the desirable Flatbush/Midwood area, this property boasts 4,100 square feet on a sizable lot, offering significant potential for expansion or development. The R6 zoning allows for various possibilities. The main structure features three apartments: a two-bedroom unit, a three-bedroom unit, and another two-bedroom unit. A fully finished basement adds to the substantial living space, exceeding 3,000 square feet. The property includes a fully fenced backyard, perfect for relaxation or entertaining, and a private driveway accommodating up to four cars, in addition to a two-car garage. Its convenient location offers easy access to public transportation, the Flatbush Junction, and the Brooklyn College campus. The asking price is $1,969,000. This property is ideal for investors seeking a strong return in a rapidly developing neighborhood. The existing structure provides immediate rental income, while the zoning and lot size present exciting possibilities for future development. Don't miss this chance to acquire a well-maintained property with exceptional upside potential in a thriving Brooklyn community. The property's zip code is 11210.
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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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.