635 E 38th Street, Brooklyn, NY 11203

$1,550,000
8
BD
3
BA

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,550,000
Days on Market
2
MLS#
1065148
Status
ACTIVE
Property Type
Triplex
Year Built
1920
Property Tax
$9,069
Neighborhood
Brooklyn
School District
Brooklyn 22
High School
Midwood High School
Jr. High
Andries Hudde
Elementary School
Ps 198

Property Description

Investment Opportunity – Vacant R4 Three-Family on Oversized Lot Excellent opportunity to own a vacant three-family property situated on an oversized R4 lot with a two-car garage, large driveway, and ample off-street parking. This property offers tremendous income potential, whether used strictly as an investment or as an owner-occupied home with rental income from the additional units. The first-floor unit features 3 bedrooms, a living room, dining room, and kitchen. The second unit is an oversized duplex offering 4 bedrooms and 2 bathrooms. The lower-level unit includes 1 bedroom. The home needs updating, but offers strong upside for investors, developers, or buyers looking to customize and add value. Additional income potential may be available through the two-car garage and spacious driveway, which can be rented separately. Architect comments are available upon request regarding potential development opportunities due to the property’s lot size. Buyer to perform due diligence regarding development possibilities, zoning, and permitted use.

Additional Information

Bedrooms
8
Bathrooms
3
Full Baths
3
Acres
0.11
Parking
Driveway, Garage
Basement
Finished, See Remarks, Walk-Out Access
Heating
Natural Gas
Cooling
None
Water
Public
Sewer
Public Sewer

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: George Ockovic (GoCommercialInc@gmail.com) from Listing Office: YourHomeSold Guaranteed Realty.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.