About This Home
This 6-bedroom, 4-bathroom residential multi family at 942 72nd Street in Brooklyn, NY is listed for $2,888,000 ($1,052 per sqft). Built in 1901, the home offers 2,744 sqft of living space on a 0.18 acres lot.
Key Features
- Built in 1901
- 0.18 acre lot
- 3 stories
Property Details
Amenities
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! Inquire today through the listing broker to view the proposed plans and schedule a private showing. Add this high-potential gem to your portfolio today!
Monthly Cost Estimate
$15,446/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
942 72nd Street
Brooklyn, NY 11228
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Pool Features
Parking
Questions & Answers
This 6-bedroom, 4-bathroom residential multi family at 942 72nd Street is listed at $2,888,000 ($1,052/sqft). The estimated monthly payment is $15,445 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1901, 0.18 acre lot, 3 stories. Interior Features: Dishwasher, Dryer, Garage Door Opener(s).
This property is listed by Louis M. Guida and can be reached at (917) 836-1050.






