2 Bed 3 Bath Single-family For Sale $899,000 702 sqft ($1,281 per sqft)
Broker: Gavriel Ilyabayev Douglas Elliman
Welcome to 171-175 Malta street in Brooklyn. Stunning, multi-lot investment opportunity, just hitting the market in red-hot East New York, close to al
...read moreWelcome to 171-175 Malta street in Brooklyn. Stunning, multi-lot investment opportunity, just hitting the market in red-hot East New York, close to all! Imagine that; two full 25 by 100 square foot lots directly next to each other. That's right, a whopping 5,000 square foot chunk of prime Brooklyn Real Estate. This is a very rare opportunity, complete with the extraordinary flexibility of M1-1 zoning, which would be perfect for commercial development, warehousing, or even advertising with its wide-reaching billboard exposure on Linden Boulevard, just around the corner! Or build out your own business, and utilize the space next-door for parking. So many possibilities! Currently, one lot has a spacious 3-bedroom, 3-bathroom single-family home with a fully finished basement, and the adjacent vacant lot rounds out this extremely impressive investment parcel! The house and adjacent vacant lot is rented for $2950. With 12,000 square feet of facility build-able potential, and an astonishing amount of versatility, it's not to be missed! Located just seconds from the busy and accessible intersection of Pennsylvania Avenue and Linden Boulevard, and a couple of blocks to the New Lots L train in one direction, and a few blocks to Linden Park in the other! Eye-popping potential, and all for under a million bucks! Don't hesitate, call today!
