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9 Beds
5 Baths
5,076 sqft

$3,798,000

504 Beverly Road, Brooklyn NY, 11218

Price per sqft$748.23
Built in1930
Property size5,076 sqft
Property typeResidential

Overview

Active

Updated 3 weeks ago

**Prime Kensington 3‑Unit Dutch Colonial Property With Exceptional Development Potential - Approx. 16,000 Buildable SF** (plans avialable upon request) Introducing a rare opportunity in the heart of **Kensington, Brooklyn** - a solid **3‑family home** situated on a highly desirable block, offering both immediate rental income and extraordinary long‑term upside. What truly elevates this offering and sets this property apart for other homes in the area is its remarkable development potential. With an estimated ~16,000 buildable square feet (subject to architeect and DOB Approval) This well‑maintained property features **three spacious residential units**, ideal for end‑users, investors, or those seeking a value‑add project. The layout provides flexibility for owner occupancy, strong rental demand, or full redevelopment. What truly sets this property apart is its **remarkable development potential**. With an estimated **~16,000 buildable square feet**, this site presents a unique chance for developers to create a boutique residential building, luxury rentals, condos, or a mixed‑use concept (subject to zoning verification). The property includes ample private parking a double car garage and aditional parking in the yard, a highly sought‑after amenity in this part of Brooklyn. The driveway and on‑site parking area comfortably accommodate multiple vehicles, providing convenience for current residents and future development plans. Currently generates high monthly income (contact for details)

$25,268/mo

Est. mortgage payment based on a $3,798,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
11777955
Available since
May 19, 2026

Interior Features

Bedrooms
9
Bathrooms
5
Basement
No

Exterior Features

Lot Size
0.18 Acres

Other Property Details

Municipality
Kings

Courtesy of Y H REAL ESTATE with ,
Listing Contact:  

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