942 72nd Street, New York City, NY 11228
  • $2,888,000

Description

Attention Savvy Investors and Developers!
This is a rare opportunity to acquire a legal three-family home on a spacious 8, 000 sq ft lot zoned R4-1, complete with a private driveway and tremendous upside potential.
The existing building features three well-laid-out apartments:

First Floor Duplex (with semi-finished basement): 4 bedrooms, living room, dining room, eat-in kitchen, 2 bathrooms, front yard, and rear porch — approximately 1, 700 sq ft.
Second Floor: 1-bedroom apartment with kitchen, dining room, bathroom, and a charming screened-in balcony — approximately 900 sq ft.
Top Floor: Cozy 1-bedroom apartment with living room and dining room — approximately 800 sq ft.

The property includes one heating system (gas boiler and hot water heater) serving the entire building. The private driveway comfortably fits 6 vehicles, plus there’s a detached double-car garage.
For developers, approved conceptual designs are available to build three new two-family homes, each with a detached garage — offering a maximum total buildable area of approximately 7, 965 sq ft under current zoning.
This is a massive opportunity for any builder or investment team looking to capitalize on strong rental demand or redevelopment potential in a prime location.
Don’t miss out! Inquire today through the listing broker to view the proposed plans and schedule a private showing. Add this high-potential gem to your portfolio today!

  • Address: 942 72nd Street
  • City: New York City
  • State/county: NY
  • Zip/Postal Code: 11228
  • Area: Dyker Heights

Details

Updated on July 17, 2026 at 2:46 am
  • Property ID RLS20104161
  • Price $2,888,000
  • Property Size 2744 Sqft
  • Bathrooms 4
  • Garage Size x x
  • Year Built 1901
  • Type Multi Family, Residential
  • Property Status Active, For Sale

Additional details

  • County Kings
  • Property Type Residential
  • Architectural Style Prewar, Walk-Up

Features

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Contact Information

Digs Realty Group

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