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942 72nd Street

$2,800,000

MLS# RLS20104161 · Dyker Heights

Price reduced$2,888,000 to $2,800,000$88,000 (3%) off

Originally listed at $2,888,000. Price last reduced on September 28, 2026.

Listed July 16, 2026 · 118 days on the market

0 Beds 4 Baths 2,744 Sq.Ft.

About This Property

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!

Agent's Note

From Curtis Bain. Details about the apartment are drawn from the listing information provided through RLS by Keller Williams Realty Empire.

A screened-in balcony sits off the second floor apartment in this three-family home on 72nd Street. The listing gives the private outdoor space as under 60 square feet, so it's a place to step out to rather than a yard, and a balcony gives direct access from the unit. Its depth and privacy are worth judging in person.

The first floor duplex has the most outdoor room in the building. It has a front yard and a rear porch, and it spans about 1,700 square feet with four bedrooms, a living room, a dining room and an eat-in kitchen. A top-floor apartment may appeal to anyone who wants no neighbors overhead, and this one has a living room and dining room in about 800 square feet.

The property has one gas boiler and hot water heater serving the whole building, so the three apartments share one heating system. Parking is practical here: a private driveway fits six vehicles, and there's a detached double-car garage. The listing also includes a garden among its amenities.

McKinley Park is about 3 minutes away on foot, with Leif Ericson Park about 7 minutes and Quaker Parrot Park at the Dust Bowl about 10. For everyday errands, HL Supermarket is about 6 minutes on foot, and Marcela Cocina Mexicana and Maria Pizzeria are each about 2 minutes away.

Quick answers+

Does the property have private outdoor space?

Yes. The second floor apartment has a screened-in balcony, and the first floor duplex has a front yard and a rear porch. The listing gives the private outdoor space as under 60 square feet.

Does the property have parking?

Yes. There's a private driveway that comfortably fits six vehicles, plus a detached double-car garage.

How is the building heated?

One gas boiler and hot water heater serves the entire building.

Property Features

Policies

  • Pets allowed

Home features

  • Balcony
  • Private outdoor space (under 60 sq ft)

Building amenities

Outdoor space

  • Garden

Estimate

Monthly Cost & Closing Costs

The rate is a placeholder, not a quote. Enter the one your lender gives you.

$14,758 / month

  • Principal and interest$14,158
  • Property taxes$600

Due at closing

  • Down payment (20%)$560,000
  • NYS “mansion tax” (1.25%)$35,000
  • Mortgage recording tax (1.925%)$43,120

Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.

Location & Nearby

Map

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942 72nd Street

Parks

  • McKinley ParkAbout 3 min walk
  • Leif Ericson ParkAbout 7 min walk
  • Quaker Parrot Park at the Dust BowlAbout 10 min walk

Public schools · Elementary schools

  • P.S. 127 Mckinley ParkAbout 9 min walk
  • Ralph A. Fabrizio SchoolAbout 10 min walk
  • P.S. 176 OvingtonAbout 12 min walk

Middle schools

  • J.H.S. 259 William MckinleyAbout 2 min walk
  • The Christa Mcauliffe School\i.s. 187About 13 min walk

High schools

  • Math, Engineering, and Science Academy Charter High School 2 · CharterAbout 16 min walk

Walking times are estimates. Schools shown are the nearest public and charter schools and are not zone assignments; a nearby school is not necessarily the one an address is zoned for. Confirm zoning with the NYC Department of Education. Sources: MTA, NYC Parks and NYC Department of City Planning open data.

The Neighborhood

About Brooklyn

Dyker Heights is covered by our Brooklyn guide.

A dynamic borough offering architecturally significant residences, world-class culture, and an unmatched creative energy.

Walkability

9/10

Public transit

8/10

Schools

7/10

Dining

9/10

Groceries & parks

8/10

Explore Brooklyn

Listing Courtesy of Keller Williams Realty Empire

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RLS: Real Estate Board of New York Residential Listing Service

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.