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487 Ocean Parkway Brooklyn, NY $ 3,999,000
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$ 3,999,000 Get more info
487 Ocean Parkway
$ 3,999,000
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Share Save

487 Ocean Parkway

Brooklyn, NY, 11218
$ 3,999,000
Baths0.0

Monthly Estimate*

$ 27,934

487 Ocean Parkway, Brooklyn, NY 11218 - Image 1
Studio

Lots and Land for sale in Brooklyn, NY

for $3,999,000. The lot size is 0.103306.

This property presents a fantastic opportunity for development, offering a substantial lot size of 150x30, ideal for constructing a condominium with up to 17 units. The availability of pre-existing floor plans, which can be provided upon request, is a significant advantage, streamlining the design phase and potentially reducing the time to market for this project. With the growing demand for residential spaces, this could be a lucrative investment for any developer looking to expand their portfolio in the vibrant real estate market.

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Lots and Land Active

Price

$ 3,999,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 5,615

Style

Land

Lot Size

0.103306

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

481110
Features
General
Zoning R7A
Property Type Land
Block 5390
Yearly Taxes 5615.00
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash
Status Active
Cumulative Days on Market 20
MLS Area Kensington
Sub Type Land
City Brooklyn
DOM 20
Coming Soon This property presents a fantastic opportunity for development offering a substantial lot size of 150x30 ideal for constructing a condominium with up to 17 units. The availability of pre-existing flo
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Re/Max Real Estate Professiona

Broker

(718) 300-3449

Phone

Affordability Calculator

$28,402
Per Month
98%
2%
0%
Monthly Principal & Interest
$27,934
Monthly Property Taxes
$468
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1337269 Elementary School
1337270 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/5/2024$3,999,000 Listed Price

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487 Ocean Parkway, Brooklyn, NY, 11218 is a Lots and Land for sale at $3,999,000 with a lot size of 0.103306. 487 Ocean Parkway is a studio with 0.0 baths. The property's zip code is 11218 which is in Brooklyn, NY

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