182 31st Street

Prime Greenwood Heights - 3 story, 3-family brick home with a full basement, large yard, and updated mechanicals on 31st Street off of vibrant 4th Avenue! This property offers so many possibilities for the investor or owner-occupier, whether keeping the 3 spacious units for great rental income, living in one unit and renting the other 2, or converting it to a 2-family with a garden rental. Set on a 25' × 100 lot, the property currently features two 3-bedroom rentals and one 2-bedroom rental! R6B zoning (2.0) FAR allows for additional buildable 2,000+/- square feet of buildable air rights, further expanding the possibilities! The basement is generously-sized with high ceilings. Best of all is the location, convenient to the diverse dining and retail establishments along 4th / 5th Avenues. Historic Greenwood Cemetery and Industry City with its hip eateries, shops, art galleries & outdoor events are only a short stroll away. Also, close by are the Prospect and Gowanus Expressways, the bus a half-block away, and the express subway station at 36 Street. This home is zoned for PS 172 (Blue Ribbon School) in School District 15. Will be delivered vacant at closing. This is a rare opportunity to own a free market, multifamily with so many possibilities. For additional information contact Gamal Hasan at Bellmarc Realty Group.