942 72nd Street, New York City, NY 11228

• 4 baths |
• 2,744 sqft

Property 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!

Listing Status:

Active

Date Added:

July 16, 2026

Data Last Updated:

August 11, 2026 at 12:21AM

Listing Office:

Keller Williams Realty Empire : (718) 954-8400

Listing Agent:

Louis M. Guida : (917) 200-3505

MLS ID:

RLS20104161

Interior

• Laundry: See Remarks

Exterior

• General: Building GardenBalconyPrivate Outdoor Space Under 60 Sqft
• Style: PrewarWalk-Up

Construction

• General: 2

Location

• Originating MLS: RLS_REBNY
• County: Kings

Lot

• Zoning: 05913-0023

Financial

• Source: RLS_REBNY