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$788,500
List Price: $800,000
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91 East 31st Street
Townhouse in Flatbush (2 units) •  building info
5bd • 3ba • 2,160ft² $370 per ft²
Buy with Yoreevo

$788,500

List Price

$800,000

Key Details
Listed today
Last price change
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Estimated payment
$4,858/mo
Taxes
$541/mo
Maintenance
N/A
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

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Important Stuff
Pets allowed
Washer/Dryer in unit
Building amenities
Shared outdoor space
Patio
Building info

91 E 31st St, Brooklyn, NY 11226

townhouse in Flatbush
2
Units
2
Stories
1910
Built

History
What it'll cost
Purchase price
$800,000
Asking Price: $800,000
Term
30 Years
Down Payment
$80,000 (10%)
Min: 10% (80,000)
Rate
6.0 %
Mortgage Amount
$720,000
Mortgage Payment
$4,317
Taxes
$541
Estimated Yoreevo rebate
$11,500
Estimated closing cost
$24,000
Total monthly cost $4,858
Buy your dream home with us and get an estimated $11,500 rebate.
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Listing Courtesy of Corcoran Group

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