Open lightbox with photos of 217 Prospect Ave

sold

217 Prospect Ave – Townhouse

South Slope

$1,800,000

Real Estate Tax: $5,157/yr

5 Bedrooms

3 Bathrooms

Subway Lines

MORTGAGE CALCULATOR

217 Prospect Avenue

Brooklyn

This listing has sold. Please see current Sales and Rentals listings.

Unlimited possibilities for the developer, investor and owner-occupier alike. Situated in South Slope near 5th Avenue, this solid 3-story, 3-family brick townhouse sits on a 19' x 129' lot, nestled in a row of townhouses with a smattering of attractive new development condos along Prospect Avenue. This lovely home boasts high ceilings, fantastic sunlight, a generously sized high-ceilinged basement, an extra-deep backyard, updated mechanicals and substantial buildable FAR.

Three spacious apartments provide excellent rental incomecurrently configured as two upper 2BR+den floor-throughs with windowed galley kitchens, and an open concept parlor floor 1BR+den with a spacious windowed kitchen that opens to a large dining area overlooking the garden.

Alternately, take advantage of the 2,300+ square feet of remaining buildable FAR and R6B zoning to develop coveted high-priced Park Slope condominiums, or renovate the property to build the home of your dreams!

The location is conveniently close to all of the diverse dining and retail establishments along 5th and 7th Avenues, Historic Greenwood Cemetery, Prospect Park, and Industry City with its array of eateries, shops, art galleries and outdoor events. Also nearby are the Prospect and Gowanus Expressways, the R train at Prospect Avenue, and F and G trains at Prospect Park-15th Street. This home is zoned for PS 295/School District 15.