Welcome to East New York with a great opportunity to purchase with room to build! Barbey Street is a solid 2-story, single family, semi-detached home that sits on a nice size lot. Bring your cosmetic vision as the home needs some TLC, but has great potential to remain as is or to reconstruct. It is currently set up as a 2 bedroom with 1.5 bathrooms with a finished basement. What makes this property special, is its potential! The fact that it is semi-detached and is a R5 zoning property, means that there is additional build-able square footage! Check with your contractor, but you may be able to build out. Imagine this parcel as a development prospect, and the opportunity is simply awesome. Not to mention it comes with private parking too! With all the exciting developments in the area, this property is poised for maximum return for the visionary buyer and a great opportunity for the first-time homebuyer to take advantage of the different construction loans i.e. , FHA 203K and Fannie Mae Homestyle loans. These loans are built into your mortgage. East New York affords you easy access as it is just 30 minutes from Manhattan, and 20minutes to JFK, and minutes to the convenient Gateway Mall, the Belt Parkway, and Atlantic Avenue. Also, you have access to the A and C train lines, and the 3 line with just a short walk. East New York is one of the latest and most exciting investment possibilities in Brooklyn! Floor plans coming soon.
Listing courtesy of Compass Greater NY, LLC
© 2019 Brooklyn New York MLS. 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 Casandra Properties Inc. Data last updated: April 20th, 2019 at 12:21am EDT