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361 Chestnut Court

BROOKLYN, NY 11208
  • $1,200,000
  • STATUS: Active
  • ON SITE: 72 Days
  • MLS #: 487173
UPDATED: 51 min ago
$1,200,000
  • 5
    BEDS
  • 0.04
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,680
    SQFT
  • $714
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920

School Ratings & Info

Description

We are pleased to present the sale of this well-maintained 3-family house offers solid rental income potential, while the adjacent vacant lot (zoned R5B) presents a fantastic development opportunity for a 1 or 2-family home. The neighboring vacant lot has a buildable area of up to 900 square feet, perfect for a new construction project & ideal for a single-family or duplex residence, Additional parking or outdoor space potential. Conveniently located near public transportation, shopping, and parks, this property offers easy access to everything Brooklyn and Queens have to offer. The neighborhood is rapidly developing, making it a smart investment for both homeowners and investors. The seller is motivated and open to all reasonable offers. This is a unique chance to secure a multifamily property with additional land for future development. Don't wait properties like this are rare! Contact us today to schedule a private showing.

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© 2025 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Data last updated: 2025-01-13T11:00:32.07.
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361 Chestnut Court BROOKLYN, NY 11208

  • Price: $1,200,000
  • Status: Active
  • On Site: 72 Days
  • Updated: 51 min ago
  • MLS #: 487173
5
Beds
3
Baths
0
½ Baths
0.04
Acres
1,680
SQFT
$714
$/SQFT
1920
Built
Neighborhood:
Brooklyn
County:
Kings (Brooklyn)
Area:
East New York
Property Description
We are pleased to present the sale of this well-maintained 3-family house offers solid rental income potential, while the adjacent vacant lot (zoned R5B) presents a fantastic development opportunity for a 1 or 2-family home. The neighboring vacant lot has a buildable area of up to 900 square feet, perfect for a new construction project & ideal for a single-family or duplex residence, Additional parking or outdoor space potential. Conveniently located near public transportation, shopping, and parks, this property offers easy access to everything Brooklyn and Queens have to offer. The neighborhood is rapidly developing, making it a smart investment for both homeowners and investors. The seller is motivated and open to all reasonable offers. This is a unique chance to secure a multifamily property with additional land for future development. Don't wait properties like this are rare! Contact us today to schedule a private showing.
Exterior Features

Building Length 42.00 Building Width 20.00 Construction Materials Wood Frame Exterior Siding Lot Dimensions 60 ft x 95.17 ft Lot Size Length 65 Lot Size Width 25 Parking Attributes 3 Spaces Parking Feature Community Drive Roof Shingle Yard SideFenced - FullFenced - Partial

Interior Features

Basement Amenities FinishedFull Baths Total Level1 1.00 Beds Total Level1 1 Beds Total Level2 2 Beds Total Level3 2 Building Footprint Sq Ft 840 Flooring CarpetingHardwoodMarble Foundation Details Block Heat Delivery Steam/Radiator Rooms Total Level1 1 Total Rooms 11

Property Features

ACUnits 2 Block 4157 Building Amenities NONE Construction Type Semi-Detached Cross Street Name Conduit Blvd Cross Street Name2 Wells St Electric 220 V Financing 1031 ExchangeBank MortgageCash Fuel Expense 1500.00 Gross Income 84000 Handicap Access Unknown Heating Fuel Oil Hot Water Hot Water Coil in Boiler Insurance Expense 1800.00 Lot Number 52 Lot Size Irregular YN 1 Number Of Families 3 Property Sub Type Multi-Family Property Type Residential Rent Income 84000 Residential Features Laundry Area Sale Type Arm's Length Tax Amount 4835.00 Transaction Type Sale Utility Expense 1300.00 Zoning R5B

Listing information © 2025 Brooklyn New York Multiple Listing Service, Inc.
Listing provided courtesy of Sarrazin Estates LTD: (718) 462-1247.


© 2025 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Data last updated: 2025-01-13T11:00:32.07.
 
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