Don't miss this once-in-a-generation opportunity to restore a stunning townhouse to its former glory or maximize ROI on a large corner lot. Located outside historic district regulations, this four-family building features architectural details, triple exposures, and a large parcel with a curb cut and parking in an exceptional location where Clinton Hill meets Prospect Heights. Bring your architect and vision and create your Brooklyn dream home or income-generating investment. 249 St. James Place is a handsome Italianate-style building with a brick and brownstone façade, arched windows, a classic high stoop, extensive ironwork and a handsome cornice. Inside, you'll find the original staircase's curved handrails and handsome newel post. Outside, the corner lot includes gardens on three sides, plus a legal curb cut and parking. Per records, the property also has some unused FAR – to be verified by your architect. Located on a tree-lined street at the corner of St. James Pl. and Lefferts Pl. in Brooklyn's coveted Clinton Hill neighborhood, this fine property enjoys a front-row seat to the best of Brooklyn living. Nearby BAM, Barclays Center and Atlantic Terminal provide world-class shopping and entertainment. Fort Greene Park and Prospect Park are within easy reach, delivering hundreds of acres of outdoor space, year-round greenmarkets and events, plus easy access to the Brooklyn Botanic Garden, Brooklyn Museum and Brooklyn Library. Brooklyn's vibrant dining and nightlife scene unfolds right outside your door. Transportation is effortless from this centrally located neighborhood with excellent bus service and A/C, G, and S trains all nearby. *Please note this is a Cash-Only opportunity that requires a gut renovation.