1011 Banner Avenue Brooklyn NY 11235 MLS #492761

We proudly present this truly exceptional investment and development opportunity in the heart of Brighton Beach—a well-maintained, fully detached three-story, two-family brick home with a private driveway and detached garage, all situated on a generous 30×101 lot with R6 zoning and over 7,000 buildable square feet, with new construction and development sites rapidly emerging throughout the area. The expansive 18×60 structure offers three spacious residential levels: the first floor features two large bedrooms easily convertible to three, with a full living and dining area, kitchen, and bath' the second floor mirrors this layout with a full three-bedroom unit' and the third floor includes a bright one-bedroom apartment with both front and rear terraces, perfect for additional rental income or extended family living. The semi-finished basement has a separate entrance and full bath, ideal for flexible use. This property also boasts high ceilings, abundant natural light, 3 gas and 4 electric meters, a new roof, and move-in ready condition. The fully fenced yard, multi-car driveway, and detached garage accommodating up to five vehicles add to the value. Located minutes from restaurants, supermarkets, schools, and the B4 bus and B/Q subway lines, this property offers both immediate income potential and long-term development upside in one of South Brooklyn’s most vibrant neighborhoods. Delivered vacant at closing.