by RH Advisors

Check Availability
$495,000
● Land - For Sale

52 Buffalo Avenue

New York, NY 11233
bedrooms
Studio
bathrooms
0 Bath
$3,047
Est. Monthly
1.27%
Cap Rate

About This Property

Prime Development Opportunity in Brooklyn – 52 Buffalo Ave

Unlock the potential of this rare, buildable lot in the heart of Ocean Hill, Brooklyn. Located at 52 Buffalo Avenue, this 17.83 ft x 45 ft property offers a unique investment or development opportunity in a dynamic and rapidly evolving neighborhood.

Situated in a C4-3 zoning district, the lot provides mixed-use development potential-ideal for a small commercial space with residential units above, retail storefront, or boutique office. C4-3 zoning allows for greater flexibility and density than typical residential zones, making this an excellent opportunity for developers or end-users looking to capitalize on Brooklyn's growing market.

Lot Size: Approx. 800 sq ft (17.83 ft x 45 ft)

Zoning: C4-3 – Mixed-use commercial/residential

FAR (as per zoning): Up to 3.4 for residential or 3.4 for community facility use (buyer to verify)

Location: Convenient to Broadway Junction, the A/C/L/J/Z subway lines, major bus routes, and an array of retail and services.
Unit Size
-
Days on Market
516 days
Land Size
0.02 acres
Price per sqft
-
Property Type
Land
Property Taxes
$616
HOA Dues
-
Year Built
-

Listed By

NINA SABAG
5 BORO REALTY CORP

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (OneKey MLS #KEY857953)

Price History

Date / Event Date Event Price
Jul 10, 2026 No longer available -
No longer available
May 28, 2026 Relisted $495,000
Relisted
May 6, 2026 No longer available -
No longer available
Nov 14, 2025 Price Decreased $495,000
↓ $4K (0.8%)
Price Decreased
Aug 22, 2025 Price Decreased $499,000
↓ $51K (9.3%)
Price Decreased
Show More

Property Highlights

Exterior Details
Building Area Units: Square Feet
Lot Size Area: 802
Lot Size Units: Square Feet
Lot Size Acres: 0.0184
Lot Size Square Feet: 802
Financial Details
Tax Assessed Value: $69,750
Tax Annual Amount: $7,388
Utilities Details
Sewer : Other

Building Info

Overview

    General

  • Year Built: 0
  • Building Count: 1
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 803
  • Lot Size Depth Feet: 45
  • Lot Size Frontage Feet: 18

    Floor Area Ratio

  • Residential Floor Area Ratio: 2
  • Commercial Floor Area Ratio: 3
  • Facilities Floor Area Ratio: 5

Building

  • Building Type: V1
  • Lot Type: 5
  • Land Use: 11
  • Irregular Lot Code: N

Neighborhood

  • Community District: 303
  • City Council District: 36
  • Police Precinct: 81
  • Fire Company: L123
  • Health Area: 3600
  • Sanitation District Borough: 3
  • Sanitation Subsection: 5B
  • School District: 16

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: C4-3

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 1710
  • Lot: 50
  • Borough Block Lot: 3017100050

    Address

  • Full Address: 52 Buffalo Avenue
  • Zip Code: 11233

Valuation

    Assessments Valuation

  • Assessed Total Value: $78,750
  • Assessed Land Value: $78,750

    Exemptions

  • Exempt Total Value: $0
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Northern Brooklyn


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Frequently Asked Questions

When was property at 52 Buffalo Avenue built and last sold?
The property at 52 Buffalo Avenue was built in 0 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 52 Buffalo Avenue is $499,950.
What are some comparable homes to 52 Buffalo Avenue?
There are currently no comparable homes to 52 Buffalo Avenue.