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    343 78Th St Brooklyn, NY 11209

    For Sale
    $2,500,000

    Other - Brooklyn, NY

    Property size:
    8,100 SF
    Lot size:
    0.14 Acres
    Days on Market:
    488
    Last Refresh:
    Dec 15 at 5:06 am

    Property Features for 343 78Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R4A
    Size
    8,100 SF
    Lot size
    0.14 Acres

    Building Details

    Year built
    1931
    Floors in Building
    3
    Roof type
    Flat
    Architectural style
    Other

    Momentum Real Estate LLC (718) 382-0001

    Listing agent Ronald Chui (718) 382-0001

    Listing date Aug 15, 2024

    MLS# 480269 Listing URL

    Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Land Package Opportunity

    This property is located in the heart of Bay Ridge. It is being offered as a package deal with another property. Together, the properties comprise a 57x109 lot. The current building size is 27.5 feet wide by 109.33 feet long. The properties can be sold together or separately. The R4A zoning allows for future development opportunities on the empty lot. The location experiences high traffic and is near the shopping and restaurants of Bay Ridge's 3rd and 4th Avenue. This property is suitable for investors, developers, and 1031 exchanges. The lot size is approximately 0.14 acres, or 8,100 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -74.027016
    Latitude
    40.62913

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    FAQs

    What type of property is this?
    Commercial land - Large lot in Bay Ridge, ideal for investors and developers.
    Where is this commercial land located?
    The property is located at 343 78Th St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Large 57x109 lot in prime Bay Ridge location.; - R4A zoning offers potential for future development.; - High-traffic area near shopping and restaurants on 3rd and 4th Avenue.
    (718) 382-0001
    Request Owner's contact information
    343 78Th St Brooklyn, NY 11209
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    Brooklyn, NY 11209
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    343 78Th St Brooklyn, NY 11209
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