Address
942 72nd Street, Brooklyn, NY
Price
$ 2,850,000
Property Attributes
  • MLS#502965
  • TypeMulti-Family
  • Listing Status Active
  • CountyKINGS
  • CityBrooklyn
  • AreaBrooklyn
  • NeighborhoodDyker Heights
  • Zip11228
  • StyleColonial
  • Year Built1901
  • Taxes$ 7200
  • Price$ 2,850,000
  • Bedrooms7
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2744
  • Lot Size0.183655 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description

Attention Savvy Investors and Developers! This is a rare opportunity to acquire a 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: 2-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!

Price History
7/17/2026 Listed $2,888,000
9/9/2026 2$2,850,000

General Features

Roof Pitched,Shingle
Zoning R4-1
Electric 220 V
Style Colonial
Stories Count 3
Property Type Residential
Block 5913
Lot Number 23
Yearly Taxes 7200.00
Transaction Type Sale
Miscellaneous Expense 1000.00
Insurance Expense 5800.00
Utility Expense 2000.00
Gross Expense 9300.00
Financing 1031 Exchange,Bank Mortgage,Cash
Building Type Detached
Gross Income 85200
Status Active
Fuel Expense 5200.00
Total Rooms 18
Construction Materials Wood Frame
Cumulative Days on Market 66
MLS Area Dyker Heights
Sub Type Multi-Family
Year Built 1901
City Brooklyn
Borough Brooklyn
Residential Features Dishwasher,Dryer,Garage Door Opener(s),Patio Garden,Porch,Refrigerator,Stove,Terrace,Washer,Window Treatments
Number Of Vacant Units 1
DOM 66
Sale Type Arm's Length
# Families 3
Public Remarks Attention Savvy Investors and Developers! This is a rare opportunity to acquire a three-family home on a spacious 8,000 sq ft lot zoned R4-1,complete with a private driveway and tremendous upside po

Interior Features

Heating Fuel Gas
Flooring Hardwood,Tile
Hot Water Gas
Full Baths 4
Unit Count 3
Building Amenities NONE
Sq Ft Total 2744
AC Units 3
Basement Amenities Semi-Finished
Baths Total Level 1 2.00
Baths Total Level 2 1.00
Baths Total Level 3 1.00
Beds Total Level 1 4
Beds Total Level 2 1
Beds Total Level 3 1
Rooms Total Level 1 8
Rooms Total Level 2 4
Rooms Total Level 3 3
Beds Total 7
Total Baths 4.00

Exterior Features

Exterior Siding,Stucco
Yard Back,Front,Side,Fenced - Full
Foundation Poured Concrete
Lot Sq Ft 8000
Building Length 45.00
Building Width 24.00
Property Panorama YN Yes
Lot Size Length 100
Lot Size Width 80
Parking Attrib 6+ Spaces,Detached Garage,Parking Area

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 11228

Price
AVG $1.95M
$2.85M
Taxes
AVG $12,022
$7,200
Year Built
AVG 1931
1901
Visits
AVG 83
35
Data Provided by Inside Real Estate®

Your Agent

Cary Raffle

Licensed Real Estate Associate Broker

Cell: 917-603-3813

Listed By
Louis M. Guida with Keller Williams Realty Empire
Fair Housing Icon NY Fair Housing Notice