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$ 3,898,000
Est. payment /mo
Price Dropped by $150K
504 Beverly Road Brooklyn, NY 11218
9 Beds
5 Baths
3,384 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,384 sqft
Price per Sqft $1,151
MLS Listing ID 11777955
Bedrooms 9
Full Baths 5
Year Built 1930
Lot Size 8,000 Sqft
Property Description
**Prime Kensington 3‑Unit Dutch Colonial Property With Exceptional Development Potential - Approx. 16,000 Buildable SF** (plans avialable upon request) Introducing a rare opportunity in the heart of **Kensington, Brooklyn** - a solid **3‑family home** situated on a highly desirable block, offering both immediate rental income and extraordinary long‑term upside. What truly elevates this offering and sets this property apart for other homes in the area is its remarkable development potential. With an estimated ~16,000 buildable square feet (subject to architeect and DOB Approval) This well‑maintained property features **three spacious residential units**, ideal for end‑users, investors, or those seeking a value‑add project. The layout provides flexibility for owner occupancy, strong rental demand, or full redevelopment. What truly sets this property apart is its **remarkable development potential**. With an estimated **~16,000 buildable square feet**, this site presents a unique chance for developers to create a boutique residential building, luxury rentals, condos, or a mixed‑use concept (subject to zoning verification). The property includes ample private parking a double car garage and aditional parking in the yard, a highly sought‑after amenity in this part of Brooklyn. The driveway and on‑site parking area comfortably accommodate multiple vehicles, providing convenience for current residents and future development plans. Currently generates high monthly income (contact for details)
Location
State NY
County 36047
Rooms
Dining Room 0
Kitchen Eat-In
Exterior
Garage 1
Building
Story 2
Structure Type Frame