166 Bay 49th Street

This estate sale provides an incredible opportunity that you don't want to miss! This legal three-family home consists of a detached 20' x 50' two-family primary structure with an additional detached two-bedroom, one-bath cottage in the rear of the property. Both structures total approximately 2800 square feet. With a lot measuring approximately 30' x 97' and approximately 2900 square feet in total land, this lot should allow up to 3635 square feet residential FAR or 5800 square feet of facility FAR. Zoned R5, C2-2.! Whether you simply freshen up the building with new touches or redesign from the ground up, there is a tremendous opportunity to build value in this historically residential Brooklyn Enclave. Only moments away from Verrazano Sports Complex, Calvert Vaux Park, Dreier-Offerman Playground and Gravesend Bay, this home is surrounded by abundant natural beauty. The home is two blocks from the subway and near a rich selection of shops, cafes, diners, and restaurants including the likes of L&B Spumoni Gardens, Joe's of Avenue U, and many other favorites. It is also ten minutes away from two iconic Brooklyn landmarks - Coney Island and the NY Aquarium.