Check Availability
$5,000,000
↓ $1.3M (20%)
Land - For Sale

609 Ocean Parkway

Brooklyn, NY 11218
bedrooms
Studio
bathrooms
0 Bath
square feet
3888 Sqft
$39,710
Estimated Monthly
$0
HOA / Fees
-2.61%
Cap Rate

About This Property

This exceptional development lot, strategically positioned in the heart of Kensington along Ocean Parkway and 18th Avenue offers a prime opportunity for prospective builders and investors. Boasting R7A zoning ON 7100 Sq Ft corner lot, this property allows for the construction of over 28,000 square feet.
With its strategic location and versatile zoning, this property is a compelling prospect for those seeking to embark on a development venture in a coveted Brooklyn neighborhood. Currently gracing the premises is a large two-family house boasting almost 4000 Sq Ft.

The manager has listed the unit size as 3888 square feet.
Unit Size
3,888Ft²
Days on Market
59 days
Land Size
0.26 acres
Price per sqft
$1,286
Property Type
Land
Property Taxes
$15,159
HOA Dues
-
Year Built
1925
Listed By
Last updated: 19 days ago (BMLSNY #480168)

Price History

Date / Event Date Event Price
Apr 11, 2024 Price Decreased $5,000,000
↓ $1M (20%)
Price Decreased
Mar 1, 2024 Listed by Womcore LLC dba Remax Edge $6,250,000
Listed by Womcore LLC dba Remax Edge
Dec 23, 2022 No longer available -
No longer available
Dec 17, 2022 Relisted $10,000,000
Relisted
Dec 16, 2022 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1925
  • Building Count: 1
  • Floor Count: 2
  • Total Unit Count: 2
  • Residential Unit Count: 2
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 7,140
  • Lot Size Depth Feet: 140
  • Lot Size Frontage Feet: 82
  • Building Depth: 73
  • Building Frontage: 27
  • Gross Building Area: 3,888

    Building Floor Area

  • Residential Building Floor Area: 3,888

    Floor Area Ratio

  • Built Floor Area Ratio: 1
  • Residential Floor Area Ratio: 4
  • Facilities Floor Area Ratio: 4

Building

  • Building Type: B2
  • Lot Type: 3
  • Land Use: 01
  • Irregular Lot Code: Y
  • Proximity Code: 1
  • Extension Code: G

Neighborhood

  • Community District: 312
  • City Council District: 39
  • Police Precinct: 66
  • Fire Company: E250
  • Health Area: 7000
  • Sanitation District Borough: 3
  • Sanitation Subsection: 5D
  • School District: 22

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R7A
  • Special Purpose District 1: OP

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 5400
  • Lot: 53
  • Borough Block Lot: 3054000053

    Address

  • Full Address: 609 Ocean Parkway
  • Zip Code: 11218

Valuation

    Assessments Valuation

  • Assessed Total Value: $102,300
  • Assessed Land Value: $60,480

    Exemptions

  • Exempt Total Value: $1,440
  • 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
-
-
$5,950,000 Feb 25, 2016
$5,950,000 Jun 23, 2017
-

About Central Brooklyn


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Nearby Rentals

Unit for rent at 3323 Nostrand Avenue, Brooklyn, NY 11229

$1,650 /mo

  • Studio
  • 1 Bath
3323 Nostrand Avenue #3B, Brooklyn, NY 11229 Listing by Tomer Versano


Frequently Asked Questions

When was property at 609 Ocean Parkway built and last sold?
The property at 609 Ocean Parkway was built in 1925 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 609 Ocean Parkway is $5,050,000.
What are some comparable homes to 609 Ocean Parkway?
Homes that are comparable to 609 Ocean Parkway include a townhouse property at 446 Coney Island Avenue, located in Brooklyn, NY.

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