$1,195,000
Updated 2 years ago
Sold

386 East 31st Street

Flatbush, Brooklyn | Clarendon Road & Ave D

17 Rooms8 Beds3 Baths3,135 Square FeetMulti-Family

$1,195,000
floors / apts3 / 3
Lot Size23'x100'
Built Size19'3"x55'
ZoneR6
Building TypeTownhouse
RE Taxes$7,437
Price Per SF
$381

This property was sold for $1,195,000 on 09/23/24.

Building Amenities

  • Voice Intercom

Property Description for 386 East 31st Street

Prime Flatbush Gem - Ideal 3-Family Brick Home with Investment Potential! Welcome to the heart of the vibrant Flatbush neighborhood! This magnificent 3-story, 3-family brick home with a full basement, expansive yard, and parking is strategically located near Nostrand Ave. This versatile property is a haven for both savvy investors and owner-occupiers alike, offering a myriad of possibilities. The versatile layout is spread across three spacious stories, and boasts three separate units, providing excellent rental income potential. Whether you're looking to keep all three units for maximum rental returns or live in one unit while renting out the others, this property caters to your investment strategy. Situated on a 23' x 100' lot with R6 zoning, there's an additional 2,400+/- square footage (based on FAR) of buildable space, offering future expansion opportunities. The full basement with high ceilings opens up a world of possibilities, making it an ideal space for additional living areas or storage. The convenient location allows you to enjoy being just moments away from diverse dining and retail establishments along Nostrand Ave and Ave D. Effortless transportation options include bus service steps away on Ave D. This property will be delivered vacant, providing you with a clean slate to envision and execute your vision seamlessly. Don't miss out on this exceptional real estate opportunity that combines prime location, investment potential, and a spacious layout. Schedule a viewing today and step into the future of Flatbush living!

Listing History for 386 East 31st Street

Now
09/24/2024
$1,195,000
Sold and Closed by Gamal Hasan
Bellmarc
05/31/2024
Contract Signed by Gamal Hasan
Bellmarc

Building Details for 386 East 31st Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts3/3
Learn More About the Building

Contact Agent

Contact Agent

Gamal Hasan
Bellmarc
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 94616TH