An excellent investment or great rental income property for investors and developers! Located on the prime corner of Avenue Z and East 29th Street, in Sheepshead Bay. This 12 family property is a three story, 9,600 square foot brick building, sitting on a 40 x 100 foot lot. The building is 40 feet wide and 80 feet long with a 20 foot backyard and access to the basement. The building is in very good condition featuring eight 2 bedroom apartments and four 1 bedroom apartments. Each unit has individual electric meters, some units have been recently renovated. There is a possibility to convert into condos, check with an architect. What makes this property a true gem in this neighborhood? You can buy the building vacant. Leaving endless possibilities.