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    704 Lefferts Ave Brooklyn, NY 11203

    Sponsored
    For Sale
    $1,250,000

    Vacant Land - Brooklyn, NY

    Property size:
    6,682 SF
    Days on Market:
    2
    Last Refresh:
    Jan 8 at 7:06 pm

    Property Features for 704 Lefferts Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    20
    Parking features
    Garage
    Size
    6,682 SF

    Building Details

    Architectural style
    Other

    Compass

    Listing agent Ante Jakic

    Listing date Jan 7, 2026

    MLS# 11536783 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 Development Site For Sale

    This development site is for sale in a prime Brooklyn location. It is ideally suited for developing a multi-family or condominium project. The property has a residential Floor Area Ratio (FAR) of 2.43 and a Facility FAR of 4.8. The maximum usable floor area is 6,682 square feet, with an unused FAR of 6,682 square feet. The lot size is 2,750 square feet, with dimensions of 25 feet by 110 feet. The ground elevation is 52 feet. The lot is not a corner lot. The zoning district is R6. The property is located in a qualified opportunity zone.
    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 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
    -73.937946
    Latitude
    40.66288

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    FAQs

    What type of property is this?
    Land - Development site in prime Brooklyn location, ideal for multi-family project.
    Where is this land located?
    The property is located at 704 Lefferts Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - High Residential FAR of 2.43 and Facility FAR of 4.8 allows for significant development potential.; - Maximum usable floor area of 6,682 sqft provides ample space for a multi-family or condo project.; - Located in a Qualified Opportunity Zone, offering potential tax benefits for developers.
    (646) 978-5893
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    Brooklyn, NY 11203
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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
    704 Lefferts Ave Brooklyn, NY 11203
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