This prime development opportunity in Brooklyn, NY, offers an ideal location in the vibrant neighborhood of Brighton Beach. The 1,800 sq. ft. lot, priced at $529,000, is zoned R6, allowing for a versatile range of development possibilities. The property allows a Floor Area Ratio (FAR) of up to 2.43, offering great potential for residential and mixed-use development. This property is perfect for a mid-rise residential or mixed-use project, aligning with the area's ongoing growth in new developments.Located just minutes from the iconic Brighton Beach and Coney Island Boardwalk, this site is in a prime position to attract residents who value beachfront living, outdoor recreation, and cultural diversity. The area is known for its blend of seaside charm and urban convenience, offering a wide array of dining, shopping, and entertainment options. The proximity to the B and Q subway lines provides easy access to Manhattan, making it an attractive option for commuters. Additionally, major roadways like Ocean Parkway and Belt Parkway offer quick driving access to other parts of Brooklyn and beyond.Shopping and convenience are also key highlights of this location, with nearby access to major retailers and national chains such as Target, Stop & Shop, and Marshalls. The surrounding area is filled with restaurants, cafes, and shops that reflect the diverse cultural landscape of Brighton Beach. This community is not only a popular destination for beachfront leisure but also a hub for local and national businesses, making it an ideal spot for new residential projects.With schools, parks, and healthcare facilities within easy reach, the area is highly attractive to families and professionals alike. The ongoing development boom in Brighton Beach reflects a growing demand for quality housing, making this property a timely investment. Future residents will enjoy both the quiet charm of a beachside community and the convenience of a well-connected, dynamic Brooklyn neighborhood
Assessed Value is a combination of the land and additions.
2024
$5,452
(+6.95%)
$100,980
Land 38,250 +
Additions 62,730
2023
$5,097
(+3.63%)
$84,150
Land 38,250 +
Additions 45,900
2022
$4,919
(+2.49%)
$84,150
Land 38,250 +
Additions 45,900
2021
$4,799
(+6.22%)
$84,150
Land 38,250 +
Additions 45,900
2020
$4,518
(+7.66%)
$78,300
Land 38,250 +
Additions 40,050
2019
$4,197
(+6.98%)
$84,150
Land 38,250 +
Additions 45,900
2017
$3,923
$31,362
Land 18,385 +
Additions 12,977
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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