481 Monroe St Brooklyn, NY 11221

This exceptional 2,250 sq ft land parcel in Bedford-Stuyvesant, Brooklyn (zip code 11221, Kings County) presents a rare mid-construction opportunity. Approved plans exist for a four-story, six-unit condominium building. Significant progress has already been made, with foundation and concrete work completed up to the third floor – the project is approximately 30% complete. An additional $1,000,000 is estimated for completion. The property is zoned R6B and benefits from its proximity to the Gates Avenue (J,Z) subway station, providing excellent access to public transportation. The location offers convenient access to numerous amenities including McDonald's, Starbucks, Chase Bank, Burger King, Food Bazaar, TD Bank, and Blink Fitness. This prime location within Bedford-Stuyvesant offers strong potential for appreciation. The asking price is $1,399,000, translating to approximately $31 per square foot. The property may be eligible for a 421A tax abatement. Detailed budget plans and architectural plans are available upon request. This represents a compelling investment opportunity in a vibrant and rapidly developing Brooklyn neighborhood.