PRIME DEVELOPMENT Opportunity with R8 zoning or Long Term Hold in Prime Park Slope! 461 4th Ave is a charming 3-family solid brick townhouse located in Park Slope. With it's R8 zoning you are able to build a total of about 12,040 ft.² spread across 8 or 9 stories for approximately 17-18 units*. Or keep it as an income-producing 3 family investment property. Rents are below market and the top floor is VACANT so potential to renovate and lease right away for top dollar. Or use it as a primary residence while collecting income from 1 or 2 other units! The building features a classic redbrick facade, a finished cellar with a bathroom and washer/dryer, and a trio of spacious floor-through 2-bedroom, 2-bathroom rental units. Each unit is identical in terms of layout. Finishes include hardwood floors, oversized windows, decorative fireplace mantles, washer/dryer, and large closets. Windowed modern kitchens are equipped with plenty of cabinet space. A split floor plan ensures both bedrooms are on opposite ends and have a comfortable level of privacy. Bathrooms have subway tiled walls and either a shower stall or bathtub. 461 4th Avenue sits on at the crossroads of Park Slope & Gowanus just feet from the F/G/R subway lines and is moments from a wide range of restaurants, cafes, bars, and shops. And it is just five blocks from Prospect Park! Please email me for additional info. *Please consult your architect to confirm any and all development and zoning suggestions.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
