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Investment Highlights

  • Lot for sale with option to subdivide or demolish and redevelop.
  • Buildable up to 10,976 SF.

Executive Summary

Development site opportunity!

Property Facts

Price $1,650,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.13 AC
No. Stories 3
Opportunity Zone Yes
Zoning R6B - FAR 2, buildable up to 10,976 SF, Medium density residential district

1 Lot Available

Lot

Price $1,650,000
Price Per AC $13,096,589.33
Lot Size 0.13 AC

4,488 SF lot for sale. Far 2.0, buildable up to 10,976 SF. Currently improved by a legal 2-family residence that can be subdivided or demolished and redeveloped.

Description

+/-5,500 SF lot with existing legal 2-family residence on the lot.

Exceptionally walkable
100/100
Challenging for drivers
10/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
01553-0026
Land Assessment
$27,780
Improvements Assessment
$47,640
Total Assessment
$75,420
  • Listing ID: 35916918

  • Date on Market: 5/19/2025

  • Last Updated:

  • Address: 1431 Herkimer St, Brooklyn, NY 11233

Contact the Sale Advisor

1431 Herkimer St

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