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27 E 18th St - Residential Development/Prospect Park South 0.07 Acres of Residential Land Offered at $1,795,000 in Brooklyn, NY 11226

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EXECUTIVE SUMMARY

A rare opportunity to capitalize on a prime Brooklyn location, just two blocks from Prospect Park. This R7A-zoned site delivers 12,076 buildable square feet as-of-right (ZFA), enabling a swift and efficient development path in one of the borough's most desirable neighborhoods.

PROPERTY FACTS

Price $1,795,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Apartment Units - Condo
  • Single Family Development
Total Lot Size 0.07 AC
Zoning R7A - residential condo development with 4.0 FAR

1 LOT AVAILABLE

Lot

Price $1,795,000
Price Per AC $25,899,259.82
Lot Size 0.07 AC

Subject: R7A Zoning | 12,076 Buildable SF | Prime Flatbush Location A rare opportunity to capitalize on a prime Brooklyn location, just two blocks from Prospect Park. This R7A-zoned site delivers 12,076 buildable square feet as-of-right (ZFA),

DESCRIPTION

Key Highlights: Unlocked Value: R7A zoning permits a mix of residential and community facility uses, maximizing flexibility for condominium, rental, or boutique projects. Transportation Hub: Immediate access to the B & Q trains at Church Avenue Station. Reach Downtown Brooklyn in 10 minutes and Manhattan in under 20. Premium Lifestyle Location: Steps from the 585-acre Prospect Park, with abundant dining, shopping, and amenities on Flatbush and Church Avenues. Strong Market Dynamics: Positioned in a high-growth corridor with enduring demand for quality housing adjacent to major parks and transit. Ideal for a discerning developer seeking a high-potential, transit-oriented project in a landmark Brooklyn setting.

Walk Score®
Walker's Paradise (96)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05079-0045
Land Assessment
$21,660
Improvements Assessment
$116,820
Total Assessment
$138,480
  • Listing ID: 39045954

  • Date on Market: 1/11/2026

  • Last Updated:

  • Address: 27 E 18th St, Brooklyn, NY 11226

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