Check Availability
$8,950,000
Land - For Sale

497-501 Avenue Y

Brooklyn, NY 11223
bedrooms
Studio
bathrooms
0 Bath
square feet
2600 Sqft
$43,947
Estimated Monthly
$0
HOA / Fees

About This Property

Introducing 497-501 Avenue Y an expansive 100 100 corner property right off ocean parkway & east 3rd street. This sale comprises of the 2 adjacent lots a 40 100+60x100 totaling 100 100The 40 100 lot has a legal 2600sqFt brick two family with a full basement & two detached garages in the back. The property is in good condition and will be delivered vacant on the sale.The lots are both zoned R4 with .75FAR but goes up to 2FAR with a CF & potentially more with a variance. Caveat Emptor applies, buyers are expected to due full DD regarding zoning & permitted land use.

The manager has listed the unit size as 2600 square feet.
Unit Size
2,600Ft²
Days on Market
70 days
Land Size
-
Price per sqft
$3,442
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1930
Listed By
Last updated: 5 days ago (NYSMLS #11249204)

Price History

Date / Event Date Event Price
Apr 26, 2024 Relisted $8,950,000
Relisted
Apr 25, 2024 No longer available -
No longer available
Apr 18, 2024 No longer available -
No longer available
Apr 11, 2024 No longer available -
No longer available
Apr 4, 2024 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1930
  • Building Count: 2
  • Floor Count: 2
  • Total Unit Count: 2
  • Residential Unit Count: 2
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 4,000
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 40
  • Building Depth: 65
  • Building Frontage: 20
  • Gross Building Area: 2,600

    Building Floor Area

  • Residential Building Floor Area: 2,600

    Floor Area Ratio

  • Built Floor Area Ratio: 1
  • Residential Floor Area Ratio: 1
  • Facilities Floor Area Ratio: 2

Building

  • Building Type: B1
  • Lot Type: 5
  • Land Use: 01
  • Irregular Lot Code: N
  • Proximity Code: 1
  • Extension Code: N

Neighborhood

  • Community District: 315
  • City Council District: 47
  • Police Precinct: 61
  • Fire Company: E245
  • Health Area: 8620
  • Sanitation District Borough: 3
  • Sanitation Subsection: 1E
  • School District: 21

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R4
  • Special Purpose District 1: OP

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 7198
  • Lot: 41
  • Borough Block Lot: 3071980041

    Address

  • Full Address: 497 Avenue Y
  • Zip Code: 11223

Valuation

    Assessments Valuation

  • Assessed Total Value: $85,440
  • Assessed Land Value: $15,720

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Southern Brooklyn


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2757 Stillwell Avenue, Brooklyn, NY, 11224

$1,600 /mo

  • Studio
  • 850 ft²
2757 Stillwell Avenue, Brooklyn, NY, 11224 Listing by Gennadiy Zemel
Unit for rent at 2066 62nd Street, Brooklyn, NY, 11204

$1,800 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
2066 62nd Street #1R, Brooklyn, NY, 11204 Listing by Rui (Nancy) L Wu
Unit for rent at 723 Desmond Crescent, Sheepshead Bay, NY, 11235

$1,790 /mo

  • Studio
  • 1 Bath
723 Desmond Crescent #1STFL, Sheepshead Bay, NY, 11235 Listing by Ashira Silver


Frequently Asked Questions

When was property at 497 Avenue Y built and last sold?
The property at 497 Avenue Y was built in 1930 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 497 Avenue Y is $9,039,500.
What are some comparable homes to 497 Avenue Y?
There are currently no comparable homes to 497 Avenue Y.

Quantcast