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1768 55Th St Brooklyn, NY 11204

For Sale
$5,600,000

Two four-family buildings with development potential in Borough Park.

Lot size:
0.13 Acres

Property Features for 1768 55Th St

General Information

Lot size
0.13 Acres

Building Details

Year built
1931

Source: Ben Bay Realty Co of Bay Ridge Agent Michael Guagliano

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Borough Park Development Site Package

This offering presents a rare development opportunity in the Borough Park neighborhood, featuring two fully detached, four-family brick residential buildings being sold as a package deal. The combined lot size is 5,510 square feet (55x100), with each building situated on a 27.5 x 100 foot lot. The properties, located at 1768 55th St and 1772 55th Street, offer significant development potential due to the R5 zoning. The combined building square footage is 6,750, with each building comprising 3,375 square feet (23x75).
Location Intelligence

Current Use by Public Records

Apartment buildings

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
-73.985027
Latitude
40.624981

FAQs

What type of property is this?
Apartment building - Two four-family buildings with development potential in Borough Park.
Where is this apartment building located?
The property is located at 1768 55Th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $5,600,000.
What are key features of this property?
This property features: - R5 Zoning: Ideal for development.; - Large 5,510 sq ft lot provides ample space.; - Two Detached 4-Family Brick Buildings: Package deal offers immediate rental income.
More about this property
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