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Property Description

We proudly present this truly exceptional investment and development opportunity in the heart of Brighton Beach—a well-maintained, fully detached three-story, two-family brick home with a private driveway and detached garage, all situated on a generous 30×101 lot with R6 zoning and over 7,000 buildable square feet, with new construction and development sites rapidly emerging throughout the area. The expansive 18×60 structure offers three spacious residential levels: the first floor features two large bedrooms easily convertible to three, with a full living and dining area, kitchen, and bath; the second floor mirrors this layout with a full three-bedroom unit; and the third floor includes a bright one-bedroom apartment with both front and rear terraces, perfect for additional rental income or extended family living. The semi-finished basement has a separate entrance and full bath, ideal for flexible use. This property also boasts high ceilings, abundant natural light, 3 gas and 4 electric meters, a new roof, and move-in ready condition. The fully fenced yard, multi-car driveway, and detached garage accommodating up to five vehicles add to the value. Located minutes from restaurants, supermarkets, schools, and the B4 bus and B/Q subway lines, this property offers both immediate income potential and long-term development upside in one of South Brooklyn’s most vibrant neighborhoods. Delivered vacant at closing.

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1011 Banner Ave

Brooklyn, New York, 11235, United States

6 Bedrooms
3 Bathrooms
2,680 Sqft
$1,288,000
Listing ID #1830542
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 1830542
Ref ID : NBQ46J
Price : $1,288,000
Bedrooms : 6
Bathrooms : 3
Lot Area : 2,680 Sqft
MLS : 492761
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