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$2,500,000
Est. payment /mo
3 Baths
2,280 SqFt
UPDATED:
Key Details
Property Type Multi Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,280 sqft
Price per Sqft $1,096
MLS Listing ID 500376
Full Baths 3
Annual Tax Amount $8,933
Property Sub-Type Multi-Family
Property Description
Prime Development Opportunity – 817 55th St, Brooklyn, NY 11220
Located in Sunset Park, this property sits on an R6-zoned lot, offering strong development potential. With a standard 20 × 100 lot, builders can take advantage of 2.2–3.0 FAR, allowing for a 4–6 story residential building—ideal for rentals, condos, or mixed-use projects.
R6 zoning also permits community facility use, adding flexibility for various development strategies.
Surrounded by ongoing new construction and rapid neighborhood growth, the area continues to attract developers and investors. With close proximity to Industry City, transportation, and the waterfront, the upside here is clear.
A great opportunity to build, invest, or hold in one of Brooklyn's fastest-growing neighborhoods.
Located in Sunset Park, this property sits on an R6-zoned lot, offering strong development potential. With a standard 20 × 100 lot, builders can take advantage of 2.2–3.0 FAR, allowing for a 4–6 story residential building—ideal for rentals, condos, or mixed-use projects.
R6 zoning also permits community facility use, adding flexibility for various development strategies.
Surrounded by ongoing new construction and rapid neighborhood growth, the area continues to attract developers and investors. With close proximity to Industry City, transportation, and the waterfront, the upside here is clear.
A great opportunity to build, invest, or hold in one of Brooklyn's fastest-growing neighborhoods.
Location
State NY
County Kings (brooklyn)
Area Sunset Park
Zoning r6
Rooms
Basement Finished
Interior
Hot Water Gas
Heating Gas
Flooring Hardwood
Heat Source Gas
Exterior
Exterior Feature Brick
Amenities Available NONE
Roof Type Flat
Handicap Access No
Building
Story 3
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Assumption,Bank Mortgage,Cash
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Listed by Ashford Homes LLC
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716