Attention Savvy Investors and Developers!
This is a rare opportunity to acquire a legal three-family home on a spacious 8,000 sq ft lot zoned R4-1, complete with a private driveway and tremendous upside potential.
The existing building features three well-laid-out apartments:
First Floor Duplex (with semi-finished basement): 4 bedrooms, living room, dining room, eat-in kitchen, 2 bathrooms, front yard, and rear porch — approximately 1,700 sq ft.
Second Floor: 1-bedroom apartment with kitchen, dining room, bathroom, and a charming screened-in balcony — approximately 900 sq ft.
Top Floor: Cozy 1-bedroom apartment with living room and dining room — approximately 800 sq ft.
The property includes one heating system (gas boiler and hot water heater) serving the entire building. The private driveway comfortably fits 6 vehicles, plus there’s a detached double-car garage.
For developers, approved conceptual designs are available to build three new two-family homes, each with a detached garage — offering a maximum total buildable area of approximately 7,965 sq ft under current zoning.
This is a massive opportunity for any builder or investment team looking to capitalize on strong rental demand or redevelopment potential in a prime location.
Don’t miss out! Inquire today to view the proposed plans and schedule a private showing. Add this high-potential gem to your portfolio today!
Active
Price cut: $50K (9/24)
$2,800,000
942 72nd St, Brooklyn, NY 11228
6beds
2,744sqft
Multi Family
Built in 1901
-- sqft lot
$2,696,600 Zestimate®
$1,020/sqft
$-- HOA
What's special
Rear porchPrivate drivewayCharming screened-in balconyFront yardFirst floor duplexDining roomDetached double-car garage
- 71 days
- 660
- 29
Zillow last checked:
Listing updated:
Listed by:
Keller Williams Realty Empire 917-200-3505,
Louis Guida
Source: StreetEasy,MLS#: S1838606
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Bike Room
Appliances
- Included: Dishwasher, Washer/Dryer
- Laundry: Inside
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 2,744
- Total interior livable area: 2,744 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Patio & porch: Other
- Exterior features: Balcony, Garden
Details
- Parcel number: 059130023
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1901
Community & HOA
Community
- Subdivision: Dyker Heights
HOA
- Has HOA: Yes
- Amenities included: Laundry
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $1,020/sqft
- Tax assessed value: $1,740,000
- Annual tax amount: $7,200
- Date on market: 7/17/2026
Estimated market value
$2,696,600
$2.56M - $2.83M
$3,750/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2026 | Price change | $2,800,000-1.8%$1,020/sqft |
Source: | ||
| 9/9/2026 | Price change | $2,850,000-1.3%$1,039/sqft |
Source: | ||
| 7/17/2026 | Listed for sale | $2,888,000$1,052/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,154 +4.7% | $104,400 -15% |
| 2024 | $15,426 | $122,820 +13.6% |
| 2023 | -- | $108,120 +22.2% |
| 2022 | -- | $88,500 +12.5% |
| 2021 | -- | $78,660 -7.9% |
| 2020 | $6,904 +6.9% | $85,380 |
| 2019 | $6,457 -48.9% | $85,380 +41.4% |
| 2018 | $12,631 +7.3% | $60,381 +4.6% |
| 2017 | $11,771 +142.3% | $57,744 |
| 2016 | $4,858 | $57,744 +2.1% |
| 2015 | $4,858 +77.1% | $56,535 +6% |
| 2014 | $2,744 | $53,336 +6% |
| 2013 | -- | $50,318 +4.6% |
| 2012 | -- | $48,120 |
| 2011 | -- | $48,120 +2.1% |
| 2010 | -- | $47,113 +6% |
| 2009 | -- | $44,447 +6% |
| 2008 | -- | $41,932 +4.6% |
| 2007 | -- | $40,100 |
| 2006 | -- | $40,100 +2.1% |
| 2005 | -- | $39,262 +6% |
| 2004 | -- | $37,040 +6% |
| 2003 | -- | $34,944 +4.6% |
| 2002 | -- | $33,417 |
| 2001 | -- | $33,417 +2.1% |
| 2000 | -- | $32,719 |
Find assessor info on the county website





