For Sale
$5,000,000

609 Ocean Pkwy Brooklyn, NY 11218

Prime Brooklyn Land, R7A Zoning

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 11,539 square foot development lot presents a unique investment opportunity in the desirable Kensington neighborhood of Brooklyn, New York. Located at 609 Ocean Parkway, this property boasts R7A zoning on a 7100 square foot corner lot, allowing for the construction of over 28,000 square feet of residential space. The asking price is $5,000,000. Currently situated on the lot is a substantial two-family house, offering approximately 3,888 square feet of existing living space spread across two stories. This existing structure provides immediate income potential while development plans are underway, or can be easily demolished to make way for a new construction project. The property's strategic location along Ocean Parkway and 18th Avenue offers excellent visibility and accessibility, making it an attractive proposition for developers seeking to capitalize on the strong demand for residential properties in this thriving Brooklyn community. The property's address is 609 Ocean Parkway, Brooklyn, NY 11218, within Kings (Brooklyn) County. This is a rare chance to acquire a substantial lot with significant development potential in a highly sought-after area.

Highlights

  • Exceptional 11,539 SF development lot in desirable Kensington, Brooklyn.
  • R7A zoning allows for over 28,000 SF of residential construction on a 7,100 SF corner lot.
  • $5,000,000 asking price.
  • Existing 3,888 SF two-family house provides immediate income potential.
  • Prime Ocean Parkway & 18th Avenue location offers excellent visibility and accessibility.

Property Details for 609 Ocean Pkwy

Property type
Land
Square Feet
3,888 SF
Stories
2

Location Insight

City
Brooklyn
County
Kings (Brooklyn)
State
New York
Latitude
40.6335928
Longitude
-73.971599

FAQs

What type of property is this?
Land - Prime Brooklyn Land, R7A Zoning
Where is the land located?
The property is located at 609 Ocean Pkwy Brooklyn, NY.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Exceptional 11,539 SF development lot in desirable Kensington, Brooklyn.; R7A zoning allows for over 28,000 SF of residential construction on a 7,100 SF corner lot.; $5,000,000 asking price.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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609 Ocean Pkwy
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