Located in the vibrant East New York neighborhood of Brooklyn, this well-maintained three-family house stands as a solid investment opportunity with significant rental income potential

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East New York

361 Chestnut St, Brooklyn, NY 11208

Located in the vibrant East New York neighborhood of Brooklyn, this well-maintained three-family house stands as a solid investment opportunity with significant rental income potential. The property is complemented by an adjacent vacant lot zoned R5B, offering an exciting development prospect for a single-family home or duplex, with a buildable area of up to 900 square feet. This combined offering opens doors to additional parking or outdoor space, enhancing its attractiveness for future projects. The property enjoys a prime location, conveniently situated near public transportation, shopping options, and local parks, ensuring easy access to the broader amenities of Brooklyn and Queens. As the neighborhood continues to evolve and grow, this property represents a savvy investment for both homeowners and investors alike. With motivated sellers open to reasonable offers, this unique opportunity should not be overlooked. Properties of this caliber, with additional land for development, are a rare find in today’s market.

Total Units: 1

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Building type: Semi-Detached

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3 Spaces

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East New York

361 Chestnut St, Brooklyn, NY 11208

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