174 Bay 53rd Street, Brooklyn, New York 11214
- $1,250,000
- 4
- BD
- 2
- BA
- 960
- SqFt
- List Price
- $1,250,000
- Status
- ACTIVE
- MLS#
- 502952
- Bedrooms
- 4
- Full-baths
- 2
- Sq. Ft
- 960
- Year Built
- 1930
Property Description
Newly Renovated Single-Family Home with Exceptional Development Potential. This beautifully updated single-family residence features 4 bedrooms and 2 full bathrooms. The property is being sold together with an adjoining irregularly shaped lot, offering a combined land footprint of approximately 20 × 100 sqft plus an adjacent 37 × 100 sqft lot. This rare offering provides the perfect opportunity to redevelop or design an expansive, private outdoor retreat. The home is situated directly across the street from Six Diamonds Park, offering convenient access to open green space, sports fields, and community events. It is a perfect combination of comfort, convenience, and vibrant outdoor proximity. As evening falls, unwind in your own expansive outdoor sanctuary, which offers endless possibilities for relaxation, entertainment, and privacy. In addition to its outstanding development potential, the adjoining lot offers excellent rental or income-producing potential, providing added financial flexibility to help offset future ownership costs. Whether you choose to maintain the existing usage or redevelop the property, this unique offering combines strong investment value with exceptional lifestyle potential—a rare opportunity for both immediate utility and long-term appreciation.
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Additional Information
- Style
- Ranch
- Lot Size
- 2,000
- Parking Description
- 6+ Spaces
- Heat Source
- Gas
- Year Built
- 1930
- Zoning
- R4
- Sale Type
- Arm's Length
- Bank Financing
- 1031 Exchange, Bank Mortgage, Cash
- Building Type
- Detached
- Year Built
- 1930
- Basement
- None
- Lot Dimensions
- 100 x 20
- Building Dimensions
- 60.00 x 16.00
- Estimated Yearly Tax Amount
- $3,476
Mortgage Calculator
Listing courtesy of RE/MAX Edge.