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About the Listing 7161 - 59761
3-Family Brick Investment in East Flatbush - High Income & Development Upside Outstanding investment opportunity in the desirable East Flatbush section of Brooklyn. This fully brick, 3-family property offers strong income potential, flexible layouts, and future development upside on an R6-zoned lot. Projected rental income reaches approximately $8,500/month (not including the fully finished basement), making this an excellent opportunity for investors seeking solid cash flow and long-term appreciation. Property Highlights: Solid all-brick construction Rare 20 ft x 70 ft building on a 20 x 100 lot R6 zoning with approx. 3,240 additional buildable FAR 4 gas meters & 4 electric meters Upgraded electrical & plumbing systems Updated windows Annual property taxes: $5,545 No violations - clean property Unit Configuration: Top Floor: 3-bedroom, 2-bathroom apartment First Floor (Front): 1-bedroom, 1-bathroom + hospitality suite First Floor (Rear): 2-bedroom, 1-bathroom apartment Basement: Extra-large finished space with separate entrance, 2 bathrooms, 2 summer kitchens, and backyard access Location Benefits: Minutes to M train at Saratoga Ave Near Kings Highway & Rockaway Parkway shopping districts A short distance to Kings County Hospital Close to restaurants, retail, and everyday essentials Investment Advantages: Delivered vacant - no leases Strong projected rental income High CAP rate potential Significant value-add and expansion opportunity A rare chance to acquire a large, income-producing property with additional buildable potential in a growing Brooklyn market.
Listing Highlights
Interior Details
- Bedrooms: 6
- Bathrooms: 3 Full
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- Below Ground Sq Ft: n/a
- Basement:
- Other: Building No,No,Pets Allowed
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Exterior Details
- Garage Capacity: N/A
- Zoning: R6
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Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 04641-0002
- Tax Year: N/A
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928 Clarkson Ave Unit 3 New York, NY 11203
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