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1663 E New York Ave
Brooklyn, NY 11212
42 UNITS - SHOVEL READY · Multifamily Property For Sale
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42 Units
Property Facts
| No. Units | 42 | Lot Size | 0.18 AC |
| Property Type | Multifamily | Building Size | 36,012 SF |
| Property Subtype | Apartment | No. Stories | 8 |
| Apartment Style | Mid-Rise | Year Built | 2025 |
| Building Class | B | ||
| Zoning | R7A - a medium-density residential zoning district that requires the use of Quality Housing regulations | ||
| No. Units | 42 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.18 AC |
| Building Size | 36,012 SF |
| No. Stories | 8 |
| Year Built | 2025 |
| Zoning | R7A - a medium-density residential zoning district that requires the use of Quality Housing regulations |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Ceiling Fans
- Refrigerator
- Oven
- Tub/Shower
- Freezer
- Pantry
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Free
- Bicycle Storage
- Elevator
- Smoke Detector
About 1663 E NEW YORK AVE , BROOKLYN, NY 11212
This property is a vacant lot located in the Prime Ocean Hill neighborhood in Brooklyn, NY. With the exceptionally high demand for newly constructed residential units construction is currently booming in the area thereby greatly increasing the development potential and its value. The Approved Plans for this property include: 6 Studio Apartments 18 One Bdrm Apartments 16 Two Bdrm Apartments 2 Three Bdrm Apartments Totaling 42 Residential Units The incoming buyer can capitalize on the property’s close proximity to public transportation and the opportunity to realize the appreciating residential rents in the area. Additionally, The property benefits from a 15 year tax abatement further escalating its value and income.
Property Taxes
| Parcel Number | 01450-0036 | Improvements Assessment | $3,560,850 |
| Land Assessment | $22,050 | Total Assessment | $3,582,900 |
Property Taxes
Parcel Number
01450-0036
Land Assessment
$22,050
Improvements Assessment
$3,560,850
Total Assessment
$3,582,900
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