by RH Advisors

See Home Value
$350,000
● Land - Off Market

540 Schenck Avenue

New York, NY 11207
bedrooms
Studio
bathrooms
0 Bath
$1,749
Est. Monthly
6.64%
Cap Rate

About This Property

Vacant Land – Zoned R5 | Max FAR 1.25 | Approx. 2,000 Buildable Sq Ft Prime development opportunity in a rapidly growing neighborhood. This vacant lot includes approved plans for a 3-story, 3-family residence (available upon request). Just minutes from the 3 train at Pennsylvania Ave and L train at Livonia Ave, with easy access to multiple bus lines. Surrounded by schools, shops, and parks. Ideal for builders and investors looking to capitalize on strong demand in a high-potential area. Buyers are advised to independently verify zoning and buildable square footage with their architect and local authorities.
Unit Size
-
Days on Market
64 days
Land Size
0.04 acres
Price per sqft
-
Property Type
Land
Property Taxes
$40
HOA Dues
-
Year Built
-

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (OneKey MLS #KEY864144)

Price History

Date / Event Date Event Price
Jul 22, 2025 Sold
Sold
Jul 1, 2025 In contract -
In contract
May 19, 2025 Listed by RE/MAX Edge $348,000
Listed by RE/MAX Edge
Jan 2, 2024 No longer available -
No longer available
Sep 14, 2023 Listed by Top Nest Inc $490,000
Listed by Top Nest Inc
Land for sale approved plans 3 Family The manager has listed the unit size as 1905 square feet.
Show More

Property Highlights


Building Info

Overview

    General

  • Year Built: 0
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 1,600
  • Lot Size Depth Feet: 80
  • Lot Size Frontage Feet: 20

    Floor Area Ratio

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

Building

  • Building Type: V0
  • Lot Type: 3
  • Land Use: 11
  • Irregular Lot Code: N

Neighborhood

  • Community District: 305
  • City Council District: 42
  • Police Precinct: 75
  • Fire Company: E225
  • Health Area: 6420
  • Sanitation District Borough: 3
  • Sanitation Subsection: 4E
  • School District: 19

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R5

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 4075
  • Lot: 118
  • Borough Block Lot: 3040750118

    Address

  • Full Address: 540 Schenck Avenue
  • Zip Code: 11207

Valuation

    Assessments Valuation

  • Assessed Total Value: $8,220
  • Assessed Land Value: $8,220

    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 Eastern Brooklyn


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 520 Sheffield Avenue, Brooklyn, NY 11207

$1,843 - $1,986 /mo

  • 1 Bed
  • 1 Bath
520 Sheffield Avenue, Brooklyn, NY 11207 Listing by Radhica Taylor
Unit for rent at 553 Hinsdale Street, Brooklyn, NY 11207

$2,175 /mo

  • 1 Bed
  • 1 Bath
553 Hinsdale Street #D8, Brooklyn, NY 11207 Listing by Vasyl Boikiv
Unit for rent at 481 New Lots Avenue, Brooklyn, NY 11207

$2,000 /mo

  • 1 Bed
  • 1 Bath
481 New Lots Avenue ##2F, Brooklyn, NY 11207 Listing by Vasyl Boikiv


Frequently Asked Questions

When was property at 540 Schenck Avenue built and last sold?
The property at 540 Schenck 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 540 Schenck Avenue is $0.
What are some comparable homes to 540 Schenck Avenue?
There are currently no comparable homes to 540 Schenck Avenue.