1123 66th Street

THREE LOTS FOR ONE PACKAGE DEAL: 1121 & 1125 66th Street. This fully detached 4-family home is located in the highly sought-after Dyker Heights neighborhood, offering a prime location for families and investors alike. The property sits on an oversized 60x100 lot and boasts two private driveways and 3 detached garages, providing ample space for parking. With R5B zoning, this property is an excellent income-producing opportunity. The first floor includes a cozy 1 bedroom apartment accessible through the main entrance, while a separate side entrance leads to a spacious 2-bedroom apartment. The second floor features a 2-bedroom apartment with an expansive backyard deck, perfect for outdoor gatherings. The third floor hosts a second 2-bedroom apartment. The basement offers convenient front and rear exits, adding to the property's overall versatility. This home is being sold AS IS, making it an ideal candidate for a 1031 exchange to take advantage of low interest rates. BUILDERS DREAMS: These three lots combined 60'x100', Zoning R5B with FAR: 1.35 and 8,100 buildable sqft can be built either condos or Two-Three family properties and still net you up 50% of net proceed (please consult with your architect and cost to build is variable.) Located in close proximity to transportation, shops, and renowned middle schools, public library, & public parks, this property offers an unbeatable location. Additionally, it is just a short distance to 8th Ave, providing easy access to all that the city has to offer. Don't miss out on this incredible opportunity to own a prime property in Dyker Heights.