About 361 Chestnut
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.
Features of 361 Chestnut
| MLS® # | 487173 |
|---|---|
| Price | $1,200,000 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 1,680 |
| Year Built | 1920 |
| Type | Multi-Family |
| Sub-Type | Multi-Family |
| Status | Active |
Community Information
| Address | 361 Chestnut |
|---|---|
| Area | East New York |
| City | Brooklyn |
| County | Kings (Brooklyn) |
| State | New York |
| Zip Code | 11208 |
Amenities
| Amenities | NONE |
|---|---|
| Features | Laundry Area |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Hardwood, Carpeting, Marble |
|---|---|
| Heating | Steam/Radiator |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | Yes |
| Basement | Finished, Full |
Exterior
| Exterior | Siding |
|---|---|
| Lot Description | 60 ft x 95.17 ft |
| Roof | Shingle |
| Construction | Wood Frame |
| Foundation | Block |
Additional Information
| Date Listed | November 1st, 2024 |
|---|---|
| Zoning | R5B |