East Flatbush/ Flatlands PACKAGE deal 3 lot for price of 1
Land | 8,000 SqFt
Marketing description
This East Flatbush/Flatlands package deal offers an incredible opportunity to purchase three lots for the price of one, totaling 8,000 sq ft across 80 x 100 lots in an M1-1 zone. The package includes 32 Preston, also known as 5332 Preston Court (Block #7949, Lot #263), a 1-family duplex with a 14 x 31 building size featuring 3 bedrooms, a huge living room, formal dining room, eat-in kitchen, and finished basement on a 20 x 100 lot, currently rented as a single-family home on a month-to-month lease paying $2,500 per month; 34 Preston (Block #7949, Lot #262), a vacant 20 x 100 lot (2,000 sq ft); and 36 Preston (Block #7949, Lot #260), a 40 x 100 lot (4,000 sq ft) rented by Verizon with 4 years remaining on the lease at $2,600 per month. This property offers tremendous commercial potential with M1-1 zoning, a Commercial FAR of 1, a Facility FAR of 2.4, and up to 19,200 buildable sq ft without community space, making it ideal for developers or conversion into a warehouse, parking area, church, or other ventures. Don’t miss out—call for details!
Investment highlights
Totaling 8,000 sq ft across 80 x 100 lots in an M1-1 zone
32 Preston, also known as 5332 Preston Court (Block #7949, Lot #263), a 1-family duplex with a 14 x 31 building size featuring 3 bedrooms, a huge living room, formal dining room, eat-in kitchen, and finished basement on a 20 x 100 lot, currently rented as a single-family home on a month-to-month lease paying $2,500 per month;
34 Preston (Block #7949, Lot #262), a vacant 20 x 100 lot (2,000 sq ft);
36 Preston (Block #7949, Lot #260), a 40 x 100 lot (4,000 sq ft) rented by Verizon with 4 years remaining on the lease at $2,600 per month
Up to 19,200 buildable sq ft without community space
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