SOLD FOR $775,000
· Sold at asking price · Closed June 22, 2026
$775,000
$359 per sq ft
91 E 31ST Street
MLS® #RLS20080482
Listing by Corcoran Group
5
Bedrooms
3
Baths
2,160
Sq. Ft.
1910
Year Built
Sale Details
Property Summary
Description
91 East 31st Street Flatbush, Brooklyn Development opportunity with clear upside in a transit-driven Flatbush location. CASH OFFERS ONLY -Situated on an 18' x 100' lot within an R6 zoning district, this two-family property offers a straightforward path to expansion or full repositioning.The existing structure spans approximately 2,160 square feet and is configured as a two-family with an English basement, allowing for flexible layouts and multiple end-use scenarios. Whether delivered as a renovated multi-unit, owner-user with income, or expanded asset, the current configuration provides a usable base while plans are developed.The key value lies in the additional buildable square footage. With a maximum allowable build of approximately 3,960 square feet, there is roughly 1,800 square feet of unused FAR-creating a clear opportunity for vertical expansion or reconfiguration to maximize returns.Located in an Opportunity Zone and within close proximity to the 2/5 subway lines, the property benefits from strong rental fundamentals and long-term appreciation drivers.This is a clean, scalable project for developers seeking a manageable footprint with meaningful upside in a steadily growing Brooklyn submarket. Key Development Facts:Lot: 18 ft x 100 ft (1,800 SF) Building: 18 ft x 40 ftExisting: 2,160 SF Configuration: Two-family + English basement Zoning: R6 Max Buildable: 3,960 SF Additional FAR: 1,800 SF Stories: 2 Year Built: 1910T Taxes: $6,500 - Please independently verify Opportunity Zone: Yes Transit: 0.16 miles to 2/5
Property Details
Similar Active Listings in Flatbush
View All
Listing courtesy of Mary Smith at Corcoran Group. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.