Check Availability
$1,575,000
↓ $75K (4.5%)
Land - For Sale

530 Saint Marks Avenue

Bedford-Stuyvesant, NY 11238
bedrooms
Studio
bathrooms
0 Bath
$8,015
Estimated Monthly
$0
HOA / Fees
1.06%
Cap Rate

About This Property

Calling All Investors, Developers & End-Users!!! 3,500+ Sqft. Crown Heights Development Site Near The Brooklyn Museum For Sale!!! The Property Features Great Exposure, Excellent Signage, Strong R7A Zoning, Fenced Lot, +++!!! The Property Is Located In The Heart Of Crown Heights In Between Atlantic Ave. & Nostrand Ave.!!! The Property Is Situated Minutes From The Barclays Center, Brooklyn Children's Museum & The Prospect Park Zoo!!! Neighbors Include Starbucks, Apple, UPS, StateFarm, CubeSmart Self Storage, TD Bank, The Home Depot, Bank Of America, Best Buy, Walgreens, Planet Fitness, YMCA, Mobil, Dollar Tree, McDonald's, Burger King, Wendy's, +++!!! This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site / Home For Your Business!!!   Income:     3,549 Sqft. Lot: $340,000 Ann. (Available)   Expenses:   Taxes:  $3,369.08 Ann.    Total Expenses: $3,369.08 Ann.   Net Operating Income (NOI): $336,630.92 Ann. (Pro Forma 19.24 Cap!!!)
Unit Size
-
Days on Market
245 days
Land Size
0.08 acres
Price per sqft
-
Property Type
Land
Property Taxes
$281
HOA Dues
-
Year Built
-
Listed By
Richard Matt Shane
All Island Estates Realty Corp
Last updated: 3 months ago (OneKey MLS #ONE3498828)

Price History

Date / Event Date Event Price
Jan 25, 2024 Price Decreased $1,575,000
↓ $75K (4.6%)
Price Decreased
Nov 3, 2023 Price Decreased $1,650,000
↓ $100K (5.7%)
Price Decreased
Oct 11, 2023 Price Decreased $1,750,000
↓ $200K (10.3%)
Price Decreased
Aug 17, 2023 Listed by All Island Estates Realty Corp $1,950,000
Listed by All Island Estates Realty Corp
Jul 1, 2023 No longer available -
No longer available
Show More

Property Highlights

Exterior Details

Property Information

Property Type: Land
Property Sub Type: Unimproved Land

Lot Information

Lot Features: Cleared
Lot Size Acres: 0.08
Lot Size Square Feet: 3549
Lot Size Dimensions: 22.5x157.75

Land Information

Water Source: None
Financial Details
Tax Annual Amount: $3,369

Building Info

Overview

    General

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

    Dimensions

  • Lot Area Sqft: 3,223
  • Lot Size Depth Feet: 158
  • Lot Size Frontage Feet: 23

    Floor Area Ratio

  • Residential Floor Area Ratio: 4
  • Facilities Floor Area Ratio: 4

Building

  • Building Type: V0
  • Lot Type: 5
  • Land Use: 11
  • Irregular Lot Code: Y

Neighborhood

  • Community District: 308
  • City Council District: 35
  • Police Precinct: 77
  • Fire Company: E219
  • Health Area: 2710
  • Sanitation District Borough: 3
  • Sanitation Subsection: 1A
  • School District: 17

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R7A

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 1156
  • Lot: 39
  • Borough Block Lot: 3011560039

    Address

  • Full Address: 530 St Marks Avenue
  • Zip Code: 11238

Valuation

    Assessments Valuation

  • Assessed Total Value: $21,600
  • Assessed Land Value: $21,600

    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
Townhouse
Stu
-
-
$1,600,000 Mar 10, 2014
$1,600,000 Jun 18, 2014
-
Townhouse
Stu
-
-
$2,250,000 Apr 8, 2018
$2,250,000 Jul 20, 2018
-
Townhouse
Stu
-
-
$1,650,000 Sep 10, 2015
$1,650,000 Jan 27, 2016
-
Townhouse
Stu
-
-
$1,599,000 Mar 25, 2014
$1,599,000 May 22, 2014
-
Townhouse
6 Beds
4 Baths
-
$1,895,000 Mar 26, 2014
$1,895,000 Sep 16, 2014
-
Multifamily
8 Beds
7 Baths
-
$1,800,000 Oct 18, 2021
$1,800,000 Apr 13, 2022
$1,006/mo
Townhouse
Stu
2 Baths
2,816 ft²
$621/ft²
$1,750,000 Jul 20, 2023
-
$5,796/mo
Condo
3 Beds
2 Baths
1,582 ft²
$1,238/ft²
$1,959,000 May 8, 2019
-
$2,054/mo
Condo
3 Beds
3 Baths
1,930 ft²
$1,008/ft²
$1,945,000 May 11, 2021
-
$1,016/mo
Townhouse
6 Beds
4 Baths
2,565 ft²
$741/ft²
$1,900,000 Mar 29, 2023
-
$2,861/mo
Condo
2 Beds
2 Baths
1,212 ft²
$1,568/ft²
$1,900,000 Jan 29, 2019
-
$1,646/mo
Condo
7 Beds
6 Baths
-
$2,000,000 Jan 2, 2023
-
$711/mo

About Central Brooklyn


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Frequently Asked Questions

When was property at 530 St Marks Avenue built and last sold?
The property at 530 St Marks 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 530 St Marks Avenue is $1,590,750.
What are some comparable homes to 530 St Marks Avenue?
Homes that are comparable to 530 St Marks Avenue include a townhouse property at 638 St Marks Avenue, 794 Bergen Street, 174 Lefferts Place.

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