91 E 31ST Street, Brooklyn, NY 11226
91 E 31ST Street, Brooklyn, NY 11226
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Listing Courtesy of Corcoran Group
$ 800,000
Est. payment | /mo

5 Beds

3 Baths

2,160 SqFt


Save
$ 800,000
Est. payment | /mo
Save

5 Beds

3 Baths

2,160 SqFt

Open House

Fri Apr 10, 12:00pm - 2:00pm

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,160 sqft

Price per Sqft $370

Subdivision Flatbush

MLS Listing ID RLS20080482

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1910

Annual Tax Amount $6,492

Property Sub-Type Multi Family

Property Description

91 East 31st Street Flatbush, Brooklyn Development opportunity with clear upside in a transit-driven Flatbush location. CASH OFFERS ONLY -Situated on an 18' x 100' lot within an R6 zoning district, this two-family property offers a straightforward path to expansion or full repositioning.The existing structure spans approximately 2,160 square feet and is configured as a two-family with an English basement, allowing for flexible layouts and multiple end-use scenarios. Whether delivered as a renovated multi-unit, owner-user with income, or expanded asset, the current configuration provides a usable base while plans are developed.The key value lies in the additional buildable square footage. With a maximum allowable build of approximately 3,960 square feet, there is roughly 1,800 square feet of unused FAR-creating a clear opportunity for vertical expansion or reconfiguration to maximize returns.Located in an Opportunity Zone and within close proximity to the 2/5 subway lines, the property benefits from strong rental fundamentals and long-term appreciation drivers.This is a clean, scalable project for developers seeking a manageable footprint with meaningful upside in a steadily growing Brooklyn submarket.

Key Development Facts:Lot: 18 ft x 100 ft (1,800 SF)
Building: 18 ft x 40 ftExisting: 2,160 SF
Configuration: Two-family + English basement
Zoning: R6
Max Buildable: 3,960 SF
Additional FAR: 1,800 SF
Stories: 2
Year Built: 1910T
Taxes: $6,500 - Please independently verify
Opportunity Zone: Yes
Transit: 0.16 miles to 2/5

Location

State NY

County Kings

Rooms

Basement Other

Interior

Interior Features Smoke Free

Fireplace No

Appliance Washer Dryer Allowed

Laundry Washer Hookup, In Unit

Exterior

Exterior Feature Private Outdoor Space Over 60 Sqft

View Y/N No

View Other

Porch Patio

Private Pool No

Building

Dwelling Type Townhouse

Story 2

New Construction No

Others

Tax ID 04902-0070

Ownership None

Monthly Total Fees $541

Special Listing Condition Standard

Pets Allowed Building Yes, No

REBNY-IDX

NEARBY SCHOOL & BUSINESS

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91 E 31ST Street