1209 Herkimer Street

Rare Opportunity: Three-Family Brick Property in Ocean Hill, Brooklyn Discover this unique three-family property in Ocean Hill, a prime Brooklyn neighborhood. This brick building offers an excellent rehabilitation and expansion opportunity, with a current size of 2,238 square feet and potential to increase due to favorable zoning. Located just around the corner from the Ralph Avenue train station, it ensures efficient access throughout the city and a significant rental advantage. Key Points: Historical Charm: Early 20th-century construction ready for a modern makeover. Expandable: Approximately 2,400 square feet of additional space available for development due to R6 zoning. Low Taxes: Benefit from an attractive annual property tax rate. Prime Location: Near a main train station, offering excellent city access and a thriving rental market. Investment Potential: With better interest rates, it's now more affordable to transform this property into a profitable rental space or a luxurious single-family home. This is a golden chance for buyers (and investors or renovators ) looking to capitalize on Brooklyn's real estate market, specifically in the Ocean Hill, Brownsville, and Bed-Stuy areas. We are open to negotiation, including purchase concessions to make this venture more economically viable. Don't miss out on this rare opportunity to own and shape a piece of Brooklyn's future.