8762 20th Avenue New York NY, 11214 Community District 20 SD# 20
$1,788,000
8 Beds / 3 Full Baths | ML# 3576104
Property Picture

This three-family home is a rare find on a prime corner lot in Brooklyn, ideally situated in a vibrant neighborhood teeming with restaurants, cafes, and boutique shops. Just a short stroll from the waterfront, this property offers a dynamic urban lifestyle with easy access to mass transit, making commutes a breeze. The existing structure features three spacious apartments, each with ample natural light, presenting an excellent opportunity for rental income or multi-generational living. The corner location enhances its appeal, boasting great street visibility and foot traffic, making it a coveted spot for potential commercial ventures. Zoned R5, this property is also a dream opportunity for developers looking to reimagine the space, with the potential to convert it into a mixed-use or purely commercial property, adding immense value. Whether maintained as a multifamily residence or transformed into something new, this property holds endless possibilities for investors, builders, and homeowners alike. This property is also known as 1972 Bath Avenue Lot #35, adjacent to this property is also 1970 Bath Avenue Lot #34 which is 16.58 x 51.50 or 854 square feet. Both properties combined is 4984 square feet of total land or roughly 58 feet wide on 20th Avenue by 89 feet long by 52 feet deep on Bath Avenue..

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    Barry Paley Licensed Real Estate Salesperson 516-503-4242 516-865-1800 Barry@BarryPaley.com