An exceptional two-family brick residence awaits at 865 55th Street, offering strong income potential in one of Brooklyn's most sought-after neighborhoods. Built in 1920, this 2,080 sq. ft. property sits on a 2,003 sq. ft. lot and features 7 bedrooms and 2.5 baths across two stories — an ideal setup for investors or end-users looking to customize. The R6 zoning district presents outstanding development potential, with the possibility to maximize buildable space (subject to zoning and architect verification).
Investment Highlights:
• Versatile Two-Family Layout: Two self-contained units offering immediate rental income potential.
• R6 Zoning: Rare opportunity for developers and builders to explore expanded buildable square footage.
• Delivered Vacant: Property will be sold as-is and delivered vacant at closing, giving buyers a blank canvas.
• Low Carrying Costs: Annual property taxes approximately $8,702.
An exceptional two-family brick residence awaits at 865 55th Street, offering strong income potential in one of Brooklyn's most sought-after neighborhoods. Built in 1920, this 2,080 sq. ft. property sits on a 2,003 sq. ft. lot and features 7 bedrooms and 2.5 baths across two stories — an ideal setup for investors or end-users looking to customize. The R6 zoning district presents outstanding development potential, with the possibility to maximize buildable space (subject to zoning and architect verification).
Investment Highlights:
• Versatile Two-Family Layout: Two self-contained units offering immediate rental income potential.
• R6 Zoning: Rare opportunity for developers and builders to explore expanded buildable square footage.
• Delivered Vacant: Property will be sold as-is and delivered vacant at closing, giving buyers a blank canvas.
• Low Carrying Costs: Annual property taxes approximately $8,702.
Listing Courtesy of Tiger Realty