557 Montauk Avenue

New Lots   |   Linden Boulevard & Stanley Avenue

Price Drop
Building for sale
$ 879,000 [ 11.66% | $ 116,000 ]
Ownership Single Family
Lot Size 25'x100'
Floors/Apts 2/1
Status Active
Real Estate Taxes [Per Annum] $ 2,845
Building Type House
Building Size 16'x28'
Year Built 1920
ASF/ASM 1,304/121
Listing ID: 81107TH

Property Description

50x100 property. Buildable to 5000-12,000 sf. Take advantage of this tremendous investment opportunity in East New York. You would actually be purchasing 555 and 557 Montauk Avenue. 557 Montauk currently has a cute single family house on the lot measuring approximately 1200 square feet. 555 Montauk is currently used as the backyard for the house. Both lots are 25x100 with FAR of 1 to 2.4 (depending on usage). giving you a total of 5000 to 12,000 buildable square feet. Great opportunity to buy and develop an investment property with lots of rental potential or put your own touch to create a wonderful home of your own. Owner is motivated.
50x100 property. Buildable to 5000-12,000 sf. Take advantage of this tremendous investment opportunity in East New York. You would actually be purchasing 555 and 557 Montauk Avenue. 557 Montauk currently has a cute single family house on the lot measuring approximately 1200 square feet. 555 Montauk is currently used as the backyard for the house. Both lots are 25x100 with FAR of 1 to 2.4 (depending on usage). giving you a total of 5000 to 12,000 buildable square feet. Great opportunity to buy and develop an investment property with lots of rental potential or put your own touch to create a wonderful home of your own. Owner is motivated.

Listing Courtesy of The Corcoran Group

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Apartment Features

A/C
557 Montauk Avenue New Lots Brooklyn NY 11208

Building Details [557 Montauk Avenue]

Ownership Single Family
Service Level None
Access Walk-up
Block/Lot 4502/47
Building Size 16'x28'
Zoning M1-1
Building Type House
Year Built 1920
Floors/Apts 2/1
Lot Size 25'x100'

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Loan Amount

Klara Madlin

License

Licensed Real Estate Broker


This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2021 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.