$800,000

91 E 31ST Street, New York City, NY 11226

  • 5 beds |
  • 3 baths |
  • 2,160 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon1,742sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $370/sqft
  • Property List Date Icon Listed 1 month ago

Property 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

Listing Status:
Active
Date Added:
March 31, 2026
Data Last Updated:
May 11, 2026 at 5:19AM
Listing Office:
Corcoran Group : (212) 355-3550
Listing Agent:
Mary Smith : (347) 233-4676
MLS ID:
RLS20080482
  • General: Smoke Free
  • Appliances: Washer Dryer Allowed
  • Laundry: Washer HookupIn Unit
  • Basement: Other
  • A/C: None
  • General: Private Outdoor Space Over 60 Sqft
  • General: 2
  • Originating MLS: RLS_REBNY
  • County: Kings
  • Zoning: 04902-0070
  • View: Other
  • Source: RLS_REBNY

This listing courtesy of Mary Smith , Corcoran Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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