Listing courtesy of Corcoran Group (212) 355-3550
91 E 31ST Street, Brooklyn, (Flatbush), NY, 11226
10 rooms
5 beds
3 Full baths
1910
2,160 sqft
91 East 31st Street Flatbush, Brooklyn Development opportunity with clear upside in a transit-driven Flatbush location. CASH OFFERS ONLY -Situated on an 18' x 100' lot within an R6 zoning district, this two-family property offers a straightforward path to expansion or full repositioning.The existing structure spans approximately 2,160 square feet and is configured as a two-family with an English basement, allowing for flexible layouts and multiple end-use scenarios. Whether delivered as a renovated multi-unit, owner-user with income, or expanded asset, the current configuration provides a usable base while plans are developed.The key value lies in the additional buildable square footage. With a maximum allowable build of approximately 3,960 square feet, there is roughly 1,800 square feet of unused FAR-creating a clear opportunity for vertical expansion or reconfiguration to maximize returns.Located in an Opportunity Zone and within close proximity to the 2/5 subway lines, the property benefits from strong rental fundamentals and long-term appreciation drivers.This is a clean, scalable project for developers seeking a manageable footprint with meaningful upside in a steadily growing Brooklyn submarket.
Key Development Facts:Lot: 18 ft x 100 ft (1,800 SF)
Building: 18 ft x 40 ftExisting: 2,160 SF
Configuration: Two-family + English basement
Zoning: R6
Max Buildable: 3,960 SF
Additional FAR: 1,800 SF
Stories: 2
Year Built: 1910T
Taxes: $6,500 - Please independently verify
Opportunity Zone: Yes
Transit: 0.16 miles to 2/5
Status:
Active
Town:
Brooklyn
Type:
Condo/Coop
Laundry Remarks:
Washer Hookup,In Unit
Units:
2
Basement:
Other
Levels:
2
Lot Size:
100.00x18.00
Est. Taxes:
$6,492
View Description:
Other
Pet Policy:
Building Yes, No
Appliances:
Washer Dryer Allowed
MLS #:
RLS20080482
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