BEDS6
BATHS4 full
SQUARE FEET2,744
MLS#1027278
STATUSActive
PROPERTY TYPEResidential -
SCHOOLBrooklyn 16
Property Description
Attention Savvy Investors and Developers!This is a rare opportunity to acquire a legal three-family home on a spacious 8,000 sq ft lot zoned R4-1, complete with a private driveway and tremendous upside potential.The existing building features three well-laid-out apartments:First Floor Duplex (with semi-finished basement): 4 bedrooms, living room, dining room, eat-in kitchen, 2 bathrooms, front yard, and rear porch - approximately 1,700 sq ft.Second Floor: 1-bedroom apartment with kitchen, dining room, bathroom, and a charming screened-in balcony - approximately 900 sq ft.Top Floor: Cozy 1-bedroom apartment with living room and dining room - approximately 800 sq ft.The property includes one heating system (gas boiler and hot water heater) serving the entire building. The private driveway comfortably fits 6 vehicles, plus there's a detached double-car garage.For developers, approved conceptual designs are available to build three new two-family homes, each with a detached garage - offering a maximum total buildable area of approximately 7,965 sq ft under current zoning.This is a massive opportunity for any builder or investment team looking to capitalize on strong rental demand or redevelopment potential in a prime location.Don't miss out! Add this high-potential gem to your portfolio today!
Property Features
Property Type: Residential -
Basement: Partially Finished
Basement: Yes
Cooling: Wall/Window Unit(s)
Garage: 2
Heating: Natural Gas
Home Style: Colonial
Lot Size: 0.18 Acres
Taxes: $7,037
Year Built: 1901
Amenities
First Floor Bedroom
First Floor Full Bath
Eat-in Kitchen
Formal Dining
Primary Bathroom
Feature Descriptions
Appliances: Convection Oven, Dishwasher, Dryer
Building Area Total: 2744
Exterior: Aluminum Siding, Stucco
Flooring: Ceramic Tile, Hardwood
Formal Dining: Yes
GarageY/N: Yes
On Market Date: 2026-07-16
Parcel Number: 05913-0023
Parking Features: Carport, Detached, Driveway
Parking Total: 8
Rental Term: Monthly
Rooms Total: 18
Sewer: Public Sewer
Utilities: Natural Gas Available, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Available
Water: Public
Local Schools
High School: Brooklyn High School-Law And Tech
Middle School: Is 136 Charles O Dewey
Elementary School: Ps 120 Carlos Tapia
School District: Brooklyn 16
Estimate Your Payment
Estimated Payment
$ 16,032.05 per month $14,603.30 Principal & Interest $586.42 Property Tax $842.33 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Keller Williams Realty Empire
Agency Contact: 718-954-8400
Shown By
Agent Name: Kim Demanuel
Agent Phone: (631) 455-2403
Agency Title: Coldwell Banker American Homes
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942 72nd Street | MLS# 1027278
This home located at 942 72nd Street, Brooklyn, NY 11228 is currently listed for sale with an asking price of $2,888,000. This property was built in 1901 and has 6 bedrooms and 4 full baths with 2744 sq. ft. 72nd Street is located within the Brooklyn 16 school district. Search Brooklyn real estate on kimdemanuel.cbamhomes.com today.