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$999,999
1013705 MLS
DEVELOPER ALERT: R5 Zoning Blockbuster – Grandfathered 2.42 FAR Multifamily in East New York! Description: Attention strategic developers, cash buyers, and value-add investors! 538 Hendrix Street presents an extraordinary Brooklyn anomaly: a massive, built-out multifamily footprint situated within a highly desirable R5 Zoning District. Legally classified as a 2-Family home but currently operating as a high-income 3-Family setup, this brick asset is a goldmine for cash buyers ready to maximize an existing footprint that is literally impossible to legally build from scratch today. The Footprint & Layout: • Unit 1: Highly rentable 3-Bedroom layout • Unit 2: Generous 2-Bedroom layout • Unit 3: Additional 2-Bedroom layout • Bathrooms: 3 Full Baths (one per unit) • Bonus Potential: Full, unfinished basement with independent access—ideal for building mechanical storage, tenant lockboxes, or potential duplex expansion. The R5 Zoning & Development Advantage: In an R5 district, new residential builds are strictly capped. However, this property grants you an incredibly valuable, grandfathered envelope: • Zoning District: R5 • Standard Max Residential FAR: 1.5 (Max Buildable Area: 1,482 sq. ft.) • Current Built FAR: 2.42 (Current Built Area: 2,391 sq. ft.) • The Math: This structure sits -909 sq. ft. OVER standard modern R5 residential limits. • The Opportunity: By executing an "As-Is" gut renovation or a variance-backed modernization of the existing structure, you preserve a massive layout advantage that a standard vacant lot or new construction simply cannot match. Terms & Disclosures: • INVESTORS, CASH, OR HARD MONEY BUYERS ONLY. • Property will be delivered completely AS-IS. • Configured as a 3-bed over 2-bed over 2-bed + unfinished basement. • Buyer is entirely responsible for verifying all zoning codes, certificates of occupancy, and navigating any future legal legalizations or variance optimizations with the NYC DOB.

538 Hendrix Street, Brooklyn
$1,200,000
1011216 MLS
Exceptional mixed-use development opportunity in the heart of East New York on bustling Fulton Street. Situated in a C4-4L zoning district with EC-6 Enhanced Commercial Overlay, this property offers significant redevelopment potential in a rapidly growing commercial corridor. The site benefits from strong retail exposure, high pedestrian traffic, and convenient access to the J/Z subway lines. Existing and proposed zoning supports a broad range of commercial, residential, community facility, office, and mixed-use development possibilities. Plans previously filed for a six-story mixed-use building indicate the potential for approximately 7,853 square feet of development, including residential and commercial space. Ideal for developers, investors, and owner-users seeking a strategic location in one of Brooklyn's emerging growth corridors. Conveniently located near transportation, shopping, restaurants, schools, and neighborhood amenities. Buyers are encouraged to perform their own due diligence regarding zoning, FAR, development rights, and permitted uses.

2719 Fulton Street, Brooklyn
$1,175,000
9 Beds ⋅ 3 Baths ⋅ 1010263 MLS
Welcome to 243 Crescent Street! An exceptional income-producing opportunity in East New York. This legal two-family property is currently configured with 9 bedrooms, 3 bathrooms, and 3 kitchens across three spacious levels, making it ideal for investors or owner-occupants seeking strong rental income potential. The property features 3 electric meters, 2 gas meters, a finished basement, and a generous backyard perfect for recreation and entertaining. Its flexible layout offers excellent cash-flow potential and future possibilities for buyers looking to maximize value. Conveniently located near the Crescent Street (J/Z), Norwood Avenue (J/Z), and Euclid Avenue (A) subway stations, as well as the B13, Q24, Q56, and B20 bus lines, providing easy access throughout Brooklyn, Queens, and Manhattan. Nearby attractions include Shirley Chisholm State Park and Gateway Center, offering abundant recreation, shopping, dining, and everyday conveniences. Property is being sold as-is. A rare opportunity to own a versatile multi-family property with substantial income potential in one of Brooklyn's growing neighborhoods.

243 Crescent, Brooklyn
$569,600
4 Beds ⋅ 2 Baths ⋅ 1000431 MLS
Duplex (2fam) property located in a residential area of Brooklyn offering approximately 1,912 sq. ft. of gross living area with 4 bedrooms and 2 bathrooms. Built in 1910, the home sits on a 1,660 sq. ft. lot and includes a fully finished basement. The property is situated in an urban neighborhood with access to transportation, shopping, and general services. Market conditions in the area are considered stable, with typical marketing times ranging from approximately 30–180 days.

104 Sunnyside Avenue, Brooklyn
$638,000
4 Beds ⋅ 2 Baths ⋅ 981440 MLS
JUST LISTED! SPACIOUS 4 BEDROOM, 2 BATHROOM HOME IN BROOKLYN NY 11207! This MOVE-IN READY property features a BRAND-NEW ROOF (2025), a bright OPEN FLOOR PLAN, and large WINDOWS that flood the home with NATURAL LIGHT throughout. Step into a MODERN KITCHEN equipped with STAINLESS-STEEL APPLIANCES, ample CABINET SPACE, and sleek finishes—perfect for everyday living and entertaining. The layout offers GENEROUS BEDROOMS, UPDATED BATHROOMS, and plenty of room for growing households or shared living. Enjoy a PRIVATE BACKYARD—an incredible find in NEW YORK CITY—ideal for relaxing, hosting, or creating your own outdoor oasis. Conveniently located near the L and J SUBWAY LINES, this home provides EASY COMMUTE ACCESS to MANHATTAN, BROOKLYN, and beyond. Explore nearby HIGHLAND PARK, local RESTAURANTS, CAFÉS, SHOPPING, and everything that vibrant EAST NEW YORK and BUSHWICK have to offer. Whether you're searching for a SPACIOUS BROOKLYN HOME with a PRIVATE YARD and BRAND-NEW ROOF, or a strong INVESTMENT OPPORTUNITY in a rapidly growing neighborhood, this property checks all the boxes. Schedule your private tour today—this BEAUTIFUL BROOKLYN HOME won’t last long! Please note: select images are virtually staged.

806 New Jersey Avenue, Brooklyn
$939,999
5 Beds ⋅ 4 Baths ⋅ 837347 MLS
Fantastic opportunity to turn this unique multifamily lot with 2 separate buildings into a dream home & investment property in the vibrant progressive neighborhood of Cypress Hills. Generously sized bedrooms a walk- out unfinished basement, a private driveway and a good sized open yard perfect for entertaining, gardening, or relaxing. While the home could use TLC, its a fantastic opportunity to add your own personal touch. With the beautiful Highland Park nearby as well as stores, restaurants, schools, places of worship, public transportation and much much more, convenience is not a concern!!

168 Miller Avenue, Brooklyn

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.