SOLD FOR $390,000
· Sold at asking price · Closed September 3, 2024
$390,000
1377 E 93RD Street
MLS® #RLS11003102
Listing by Douglas Elliman Real Estate
1
Bedroom
1
Bath
N/A
Sq. Ft.
1945
Year Built
Sale Details
Property Summary
Description
INVESTMENT HIGHLIGHTS CANARSIE 1377 EAST 93rd St, Brooklyn Prime Canarsie Location: Situated in a Canarsie neighborhood in Brooklyn Value-Add Opportunity: Bungalow for a gut renovation, allowing investors to modernize Spacious Lot: The property sits on a 2,825 sq ft lot (28.25 ft x 100 ft), providing ample space for potential expansion or redevelopment. Redevelopment Potential: With an existing structure of 680 sq ft and an unused Floor Area Ratio (FAR) of 1,441 sq ft, there is significant room to expand the living space up to 2,119 sq ft. Low Property Taxes: Annual property taxes are only$4,245, enhancing potential returns. Detached Structure: The property is fully detached, offering privacy and flexibility in renovation plans. Vacant Property: The property is currently vacant, allowing for immediate commencement of renovation work. Flexible Zoning: Zoned R4-1, which supports residential development, providing flexibility in redevelopment plans. Solid Structure: Built in 1945 with a frame construction and aluminum/vinyl exterior, the property has a solid foundation for renovation.
Property Details
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Listing courtesy of Robin Lennon at Douglas Elliman Real Estate. 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.