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!

Features
Heating System:
Natural Gas
Cooling System:
Wall/window Unit(s)
Basement:
Partially Finished
Appliances:
Dishwasher, Dryer, Convection Oven
Flooring:
Hardwood, Ceramic Tile
Garage Spaces:
2
Interior Features:
Eat-in Kitchen, Formal Dining, First Floor Bedroom, Primary Bathroom, First Floor Full Bath
Parking Features:
Driveway, Detached, Carport
Sewer:
Public Sewer
Utilities:
Natural Gas Available, Water Available, Trash Collection Public, Natural Gas Connected, Sewer Connected
Address Map
City:
NY
State:
NY
Street:
72nd
Street Number:
942
Street Suffix:
Street
Postal Code:
11228
Floor Number:
0
Longitude:
W75° 59' 11.9''
Latitude:
N40° 37' 35.1''
PostalCity:
Brooklyn
Additional Information
Architectural Style:
Colonial
Construction Materials:
Aluminum Siding, Stucco
Elementary School:
Ps 120 Carlos Tapia
High School:
Brooklyn High School-Law And Tech
Agent MlsId:
227758
MiddleOrJunior School:
Is 136 Charles O Dewey
PhotosCount:
50
Special Listing Conditions:
No
Tax Annual Amount:
$7,037
Water Source:
Public
Office MlsId:
KLLR01
Carport Spaces:
6

Residential - MLS# 1027278

942 72nd Street, New York, NY

6 Bedrooms
4 Bathrooms
2,744 Sqft
$2,888,000
Listing ID #1027278
Basic Details
Property Type :
Residential
Property SubType :
Manufactured Home
Listing Type :
For Rent
Listing ID :
1027278
Price :
$2,888,000
Rooms :
18
Bedrooms :
6
Bathrooms :
4
Bathrooms Total :
4
Square Footage :
2,744 Sqft
Building Area :
2,744 Sqft
Lot Area :
0.18 Acre
Year Built :
1901
Status :
Active
Listing Agent :
Louis M. Guida
Listing Office :
Keller Williams Realty Empire
Agent info
Coldwell Banker American Homes
284 West Park Ave
Contact Agent
Walkscore