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    540 Willoughby Ave Brooklyn, NY 11206

    Sponsored
    For Sale
    $2,000,000

    Vacant Land - Brooklyn, NY

    Days on Market:
    3
    Last Refresh:
    Jan 9 at 12:06 pm

    Property Features for 540 Willoughby Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage

    Building Details

    Architectural style
    Other

    Compass

    Listing agent Mandy Ostrowsky

    Listing date Jan 7, 2026

    MLS# 11610878 Listing URL

    Copyright © 2026 My State MLS. 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 Vacant Land Opportunity

    This is a rare opportunity to acquire a 2,000 sq ft lot located at 540 Willoughby Avenue, Brooklyn, NY. The property includes approved plans for the construction of a modern two-family home, suitable for urban living and investment. The lot has a frontage of 20 ft and a depth of 100 ft, offering design versatility and customization potential. This property presents a chance to build a unique residence in a vibrant area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store 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
    -73.9478
    Latitude
    40.6938

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    FAQs

    What type of property is this?
    Land - 2,000 sq ft lot with approved two-family home plans.
    Where is this land located?
    The property is located at 540 Willoughby Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Approved plans for a modern two-family home included.; - 2,000 sq ft lot in Brooklyn.; - Prime property with investment potential.
    (212) 913-9058
    Request Owner's contact information
    540 Willoughby Ave Brooklyn, NY 11206
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    Brooklyn, NY 11206
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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
    540 Willoughby Ave Brooklyn, NY 11206
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