For Sale
$749,999

3718 Lyme Ave Brooklyn, NY 11224

Legal 2-family, 5 bedrooms, great backyard

Overview

Added:
Dec 11, 2024
Days on market:
133
This charming 2-family home in Brooklyn, NY, presents a fantastic investment opportunity. Located at 3718 Lyme Ave, in the 11224 zip code, this property boasts 1,760 square feet on a 2,600 square foot lot. Built in 1940, the two-story building features two units, each priced at $374,999.50, for a total asking price of $749,999. The property is zoned AE and includes five bedrooms and two full bathrooms. Three bedrooms are located on the upper floor, with a potential for a third bedroom on the ground floor, offering flexibility for owner occupancy and rental income. The home features hardwood floors throughout and a private backyard. Its convenient location offers easy access to schools, shopping, and public transportation via nearby bus lines. The property is currently owner-occupied. This is a rare opportunity to acquire a well-maintained, legal two-family home in a desirable Brooklyn neighborhood. The property's size, layout, and location make it an ideal investment for both seasoned and first-time investors seeking strong rental income potential and the possibility of owner occupancy. The Kings County location and the property's APN is K07000-0028.

Highlights

  • $749,999 asking price for this two-unit apartment building.
  • Multifamily property with two units, totaling 1,760 square feet.
  • $426.14 per square foot; $374,999.50 per unit.
  • Built in 1940, this two-story building sits on a 2,600 square foot lot in Brooklyn, NY.
  • Located at 3718 Lyme Ave, Brooklyn, NY 11224.

Property Details for 3718 Lyme Ave

Property type
Apartment buildings
Square Feet
1,760 SF
Year Built
1940
Buildings
1
Stories
2
Units
2

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.5773285
Longitude
-74.0040342

FAQs

What type of property is this?
Apartment building - Legal 2-family, 5 bedrooms, great backyard
Where is the apartment building located?
The property is located at 3718 Lyme Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $749,999.
What are key features of this property?
This property features: $749,999 asking price for this two-unit apartment building.; Multifamily property with two units, totaling 1,760 square feet.; $426.14 per square foot; $374,999.50 per unit.
How can I contact the broker?
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3718 Lyme Ave
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