504 Beverley RdBrooklyn, NY 11218

For Sale
$6,000,000

8,000 SF Residential Lot, R5 Zoning

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 8,000 square foot residential lot presents a remarkable development opportunity in Brooklyn's desirable Kensington/Windsor Terrace neighborhood. Located at 504 Beverley Road, this 80x100 lot is zoned R5, allowing for a substantial 10,000 square foot buildable area. Pre-submitted plans for a four-to-three-family property are currently awaiting approval, offering a streamlined path to construction. The property's prime location provides easy access to major transportation arteries, including Ocean Parkway, Church Avenue, and the Prospect Park Expressway, ensuring convenient commutes to downtown Brooklyn and Manhattan. Nearby public transportation options further enhance its appeal. This presents a unique chance to capitalize on Brooklyn's thriving real estate market and achieve a significant return on investment. The seller is open to exploring joint-venture possibilities, making this an attractive proposition for various development strategies. This is an exceptional opportunity to build in one of Brooklyn's most sought-after areas. Act quickly to secure this prime development site.

Highlights

  • $6,000,000 asking price.
  • 8,000 square foot residential land lot.
  • Located at 504 Beverley Road, Brooklyn, NY 11218.
  • R5 zoning allows for 10,000 square feet of buildable area.
  • Prime Kensington/Windsor Terrace location with easy access to public transportation and major roadways.

Location Insight

City
Brooklyn
County
Kings (Brooklyn)
State
New York
Latitude
40.6429504
Longitude
-73.9752205
504 Beverley Rd, Brooklyn, New York

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504 Beverley Rd
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