361 Chestnut Court, City Line, NY 11208

$1,200,000 Asking Price

5 beds
3 baths
2,280  sqft
Built in 1920

We are pleased to present the sale of 361 Chestnut Ct in Brooklyn's City Line. This well-maintained 3-family house offers solid rental income potential, while the adjacent vacant lot (zoned R5B) presents a fantastic development opportunity for a 1 or 2-family home. The neighboring vacant lot has a buildable area of up to 900 square feet, perfect for a new construction project & ideal for a single-family or duplex residence, Additional parking or outdoor space potential. Conveniently located near public transportation, shopping, and parks, this property offers easy access to everything Brooklyn and Queens have to offer. The neighborhood is rapidly developing, making it a smart investment for both homeowners and investors. The seller is motivated and open to all reasonable offers. This is a unique chance to secure a multifamily property with additional land for future development. Don't wait properties like this are rare! Contact us today to schedule a private showing.

Features & Amenities

Interior

Basement:
Walk-Out Access
A/C:
false, None
Heating:
Oil, Steam

Exterior

Parking:
Detached, 2 Car Detached

Location

Originating MLS:
onekey
School District:
Brooklyn 19
County:
Brooklyn

Lot

Zoning:
04157-0052
Fencing:
Fenced

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
onekey
Exclusions:
None

This listing courtesy of:
Sarrazin Estates, LTD

About Brooklyn, NY

Housing

Number of Units
1,030,903
Median Home Value
$787,890
Median Rent
$1,429

69.57% of housing units are renter occupied.

6.57% are vacant.

Commute

Car
18.26%
Public Transportation
45.84%
Walk to Work
6.96%
Work from Home
26.81%
Other
0.59%

The median travel time to work is 35 minutes.

People

Population
2,569,024
Median Age
36.80
Median Household Size
2.85

Education

High School
26.18%
Associate’s Degree
5.89%
Bachelor’s Degree
23.35%
Graduate Degree
15.64%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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