386 East 31st Street
386 East 31st Street
$1,195,000
8
3
3,135
3,135
$381
Description
Prime Flatbush Gem - Ideal 4-Family Brick Home Used as a 3-Family with Investment Potential! Welcome to the heart of the vibrant Flatbush neighborhood! This magnificent 3-story, 4-family brick home with a full basement, expansive yard, and parking is strategically located near Nostrand Ave. This versatile property is a haven for both savvy investors and owner-occupiers alike, offering a myriad of possibilities. The first level of the property is legally 2 apartments (as per the C of O) but was combined...Prime Flatbush Gem - Ideal 4-Family Brick Home Used as a 3-Family with Investment Potential! Welcome to the heart of the vibrant Flatbush neighborhood! This magnificent 3-story, 4-family brick home with a full basement, expansive yard, and parking is strategically located near Nostrand Ave. This versatile property is a haven for both savvy investors and owner-occupiers alike, offering a myriad of possibilities. The first level of the property is legally 2 apartments (as per the C of O) but was combined to make one spacious unit. The versatile layout is spread across three spacious stories, and boasts three separate units, providing excellent rental income potential. Whether you're looking to keep all three units for maximum rental returns or live in one unit while renting out the others, this property caters to your investment strategy. Situated on a 23' x 100' lot with R6 zoning, there's an additional 2,400+/- square footage (based on FAR) of buildable space, offering future expansion opportunities. The full basement with high ceilings opens up a world of possibilities, making it an ideal space for additional living areas or storage. The convenient location allows you to enjoy being just moments away from diverse dining and retail establishments along Nostrand Ave and Ave D. Effortless transportation options include bus service steps away on Ave D. This property will be delivered vacant, providing you with a clean slate to envision and execute your vision seamlessly. Don't miss out on this exceptional real estate opportunity that combines prime location, investment potential, and a spacious layout. Schedule a viewing today and step into the future of Flatbush living!
- Listed by Gamal Hasan • Bellmarc • 2 Spaces
Amenities
- High Ceilings
- Walk Up
- Voice Intercom
- Basement
- Private Outdoor Space
- Full Basement
- Parking Included
- Lowrise
Location
LISTING UPDATED: 03/01/2024 11:29 AM
Property Details for 386 East 31st Street
Status | Active |
---|---|
MLS ID | 480202 |
Days on Market | 75 |
Taxes | $7,437 / year |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 17.0 |
Compass Type | Townhouse |
MLS Type | Residential |
Year Built | 1920 |
Lot Size | 2,333 SF / 23' x 100' |
County | Kings County |
Building
Location
Building Information for 386 East 31st Street
Stories3Residences3Year Built1920Building Size19.33' x 55'Building Sq. Ft3,189.45 SFLot Size2,333 SF / 23' x 100'Building Age-Building Type-
Payment Calculator
$7,141 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 386 East 31st Street
Property History for 386 East 31st Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 386 East 31st Street
Taxable ValueLand$23,700Additions$34,860Total$58,560
Home Facts
Total Finished SqFt3,135 SqFtLot Size2,333 SqFtYear Built1920ZoningR6APN3049470042
Schools near 386 East 31st Street
This home is within Nyc Geog District #22 - Brooklyn.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
P.S. 361 East Flatbush Early Childhood School PublicPK to 5 | ||
Ms 246 Walt Whitman Public6 to 8 | ||
Midwood High School Public9 to 12 | ||
P.S. 269 Nostrand PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.