2516 Cortelyou Road , Brooklyn, NY 11226

New - 30 Hours Ago

12 Photos

Property Description

TWO-FAMILY PROPERTY | R6 ZONING | DEVELOPMENT POTENTIALA Unique Residential Investment and Development Opportunity in Brooklyn's Flatbush Neighborhood!Introducing 2516 Cortelyou Road, a two-family brick property situated on an approximately 2,708-square-foot lot in the desirable Flatbush section of Brooklyn.Built in 1920, this property offers approximately 2,480 square feet of existing building area, two residential units, and a detached garage. Its approximately 30-foot frontage and 90-foot depth provide an attractive footprint for buyers seeking a multifamily investment, owner-occupant opportunity, or potential redevelopment project.PROPERTY FEATURESTwo-family brick residential propertyApproximately 2,708 SF lotApproximately 2,480 SF existing building areaApproximately 30' x 90.25' lot dimensionsTwo storiesTwo existing residential unitsDetached garageR6 residential zoningLocated in Brooklyn Community District 17DEVELOPMENT & ZONING POTENTIALOne of the property's most compelling features is its R6 residential zoning designation.R6 zoning permits multifamily residential development, subject to NYC zoning and building regulations.With approximately 2,708 square feet of land and a relatively modest existing building footprint, the property presents an opportunity for developers and investors to investigate potential expansion, enlargement, or redevelopment.Under standard R6 residential zoning, the maximum residential FAR is generally 2.20, potentially representing approximately 5,958 square feet of residential zoning floor area on the reported lot size.This creates an opportunity to investigate the potential for additional residential floor area beyond the existing building, subject to applicable zoning requirements, building envelope restrictions, yards, height limitations, and verification of existing legal floor area.Buyers are encouraged to conduct their own architectural and zoning feasibility analysis to determine the property's full development potential.PRIME FLATBUSH LOCATIONConveniently situated along Cortelyou Road, the property benefits from an established residential neighborhood with access to public transportation, neighborhood shopping, restaurants, schools, parks, and everyday conveniences.Nearby subway connections include the 2/5 trains at Beverly Road and additional connections along Church Avenue and the B/Q lines.AN OPPORTUNITY FOR MULTIFAMILY INVESTORS & DEVELOPERSWhether you are looking to acquire a two-family investment property, create additional residential living space,

2516 Cortelyou Road | MLS# 1072513

This multi-family property located at 2516 Cortelyou Road , Brooklyn, NY 11226 is currently listed for sale with an asking price of $2,000,000. Cortelyou Road is located within the Brooklyn 22 school district. Search Brooklyn real estate on www.timberlandproperties.com today.

Gallery

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Storage Space, Unfinished
Cooling: Multi Units
Garage: 1
Heating: Baseboard, Natural Gas
Lot Size: 0.06 Acres
Taxes: $7,985
Year Built: 1920

Amenities

First Floor Bedroom
First Floor Full Bath
Eat-in Kitchen
Open Kitchen
Original Details
Pantry
Master Downstairs
Storage

Feature Descriptions

Building Area Total: 2480
Days on Site: 1
Exterior: Brick
GarageY/N: Yes
On Market Date: 2026-11-10
Parcel Number: 05169-0066
Parking Features: Detached, Driveway, Parking Lot, Private
Parking Total: 4
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 2
Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Trash Collection Public
Water: Public

Local Schools

High School: Brooklyn College Academy
Middle School: Jhs 234 Arthur W Cunningham
Elementary School: Ps 245
School District: Brooklyn 22

Estimate Your Payment

Estimated Payment

$ 5,699.88 per month $4,451.13 Principal & Interest $665.42 Property Tax $583.33 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Our Neighborhood R E Inc
Agency Contact: 646-772-2868

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

IDX logo

Login to My Homefinder