Exceptional investment and development opportunity in prime Midwood! 1761 & 1763 E 12th St are offered together as a package deal. Zoned R7A Exceptional 60 Ã? 117 ft (approx. 7,020 sq ft) Combined lots with approx. 28,000 buildable square feet â?? perfect for luxury condos or mixed-use development. Currently generating about $185,000 in annual rent, with the option to deliver vacant at closing. Convenient location close to Kings Highway shopping corridor, F train station, schools, and local amenities. A rare chance to secure a high-yield property with outstanding growth potential in one of Brooklynâ??s most desirable neighborhoods.
Details:
Families:
2
Property Type:
Mixed Use
Built:
1910
Financials:
Price:
$5,800,000
Tiger Realty Charlene Pan Office: (917)708-9966
provided by Brooklyn NY MLS
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