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32 E 29th St - R6 23x100 Lot with Approved Plans for 7 Units 0.05 Acres of Residential Land Offered at $550,000 in Brooklyn, NY 11226



Investment Highlights
- Development opportunity for sale in Flatbush, Brooklyn.
- The building is currently a single-family consisting of 1,548 square feet across 2.5 stories.
- Situated conveniently near the Beverly Rd [2,5] Subway Station just a 5-mins walk from the property—accessibility is a strong feature of this location
- The property is a 2,339 square-foot lot with a total of 5,145 buildable square feet.
- Previously approved plans for a 7-unit new construction building are available upon request.
Executive Summary
Asset CRG Advisors, LLC has been exclusively retained to market 32 E 29th St, Brooklyn, NY 11226, a prime development opportunity in the heart of Flatbush, Brooklyn.
This property offers 5,145.80 buildable square feet with previously approved plans for a 7-unit residential building, which are available upon request.
Ideally positioned just a 5-minute walk from the Beverly Rd [2,5] Subway Station, the property benefits from excellent transit access and strong neighborhood demand. This is an exceptional opportunity for developers or investors seeking a well-located project in one of Brooklyn’s most active residential corridors.
This property offers 5,145.80 buildable square feet with previously approved plans for a 7-unit residential building, which are available upon request.
Ideally positioned just a 5-minute walk from the Beverly Rd [2,5] Subway Station, the property benefits from excellent transit access and strong neighborhood demand. This is an exceptional opportunity for developers or investors seeking a well-located project in one of Brooklyn’s most active residential corridors.
Property Facts Under Contract
1 Lot Available
Lot 15
| Price | $550,000 | Lot Size | 0.05 AC |
| Price Per AC | $10,242,848.63 |
| Price | $550,000 |
| Price Per AC | $10,242,848.63 |
| Lot Size | 0.05 AC |
32 E 29th St, Brooklyn, NY 11226 is a 2,339 SF lot zoned R6 with 5,145 buildable SF, previously approved plans for a 7-unit new construction building are available upon request.
Description
Development opportunity for sale in Flatbush, Brooklyn. The property is a 2,339 square-foot lot with a total of 5,145 buildable square feet. The building is currently a single-family consisting of 1,548 square feet across 2.5 stories. Previously approved plans for a 7-unit new construction building are available upon request. Situated conveniently near the Beverly Rd [2,5] Subway Station —just a 5-minute walk from the property—accessibility is a strong feature of this location.
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Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 05130-0016 | Improvements Assessment | $51,120 |
| Land Assessment | $16,680 | Total Assessment | $67,800 |
Property Taxes
Parcel Number
05130-0016
Land Assessment
$16,680
Improvements Assessment
$51,120
Total Assessment
$67,800
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