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$1,169,175
List Price: $1,190,000
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464 East New York Avenue
Townhouse in Wingate •  building info
2bd • 1ba • 860ft² $1,384 per ft²
Buy with Yoreevo

$1,169,175

List Price

$1,190,000

Key Details
Days on market
173
Last price change
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Estimated payment
$6,875/mo
Taxes
$281/mo
Maintenance
N/A
Description
Development Opportunity in Wingate Bordering Prospect Lefferts Gardens Located at the intersection of vibrant Wingate and charming Prospect Lefferts Gardens, this 20 ft x 100 ft lot presents an exceptional opportunity for developers or end users with vision. Whether you're looking to build your dream residence or invest in a project with serious potential, this property delivers on all fronts. This legal two-family home, currently configured as a single-family, boasts a generous Residential FAR of 2.43 and Facility FAR of 4.8, allowing for a maximum usable floor area of 4,860 square feet. With just 860 square feet currently built, there are over 4,000 square feet of unused FARan ideal canvas for expansion or redevelopment. Set on a tree-lined street, the property enjoys the best of both worlds: the residential tranquility of Wingate and the vibrant culture of Prospect Lefferts Gardens. Just a short distance away is Hamlet Coffee Company, a local favorite known for its exceptional coffee and cozy neighborhood vibe, along with other shops, green spaces, and convenient transit options. Whether you're a seasoned developer in search of your next project or an end user ready to design a personalized home in one of Brooklyns most promising enclaves, 464 E New York Ave is full of untapped potential.

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Important Stuff
Washer/Dryer in unit
Building info

History
What it'll cost
Purchase price
$1,190,000
Asking Price: $1,190,000
Term
30 Years
Down Payment
$119,000 (10%)
Min: 10% (119,000)
Rate
6.25 %
Mortgage Amount
$1,071,000
Mortgage Payment
$6,594
Taxes
$281
Estimated Yoreevo rebate
$20,825
Estimated closing cost
$44,000
Total monthly cost $6,875
Buy your dream home with us and get an estimated $20,825 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Compass

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