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Residential Development Lot with Plans
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234 Norwood Ave, Brooklyn, NY 11208

Zoned R5B with approved plans for a six-family walk-up apartment building.

Property SizeContact for details
Lot Size0.14 Acres
Days on Market138

Property Features for 234 Norwood Ave

General Information

Standard status Active
Lot size 0.14 Acres
Property subtype Land
Zoning R5B

Additional Details

Multifamily Units 6
Listing Agency: Meridian Capital Group
Listed By: Eugene Kim · License #NY 10401294590
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 5:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Meridian Capital Group

Investment Insights

Based on property information with market context.

This residential development lot is located at 234 Norwood Ave in Brooklyn’s Cypress Hills neighborhood. The property is zoned R5B with an FAR of 1.35, and the lot size is 6,041.5 square feet, supporting approximately 8,156 buildable square feet as-of-right.

The site will be delivered with approved plans for a 7,168 SF, six-family walk-up apartment building. This provides a defined path to development under the applicable zoning parameters and approved project documentation.

Key Highlights

  • Zoned R5B with FAR of 1.35 for residential development
  • 6,041.5 SF lot with approximately 8,156 SF buildable area as‑of‑right
  • Offered with approved plans for a 7,168 SF, 6‑family walk‑up apartment building

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

2,915
Businesses Nearby

Demographics for 11208, NY

101,958
Population
37,261
Households
2.7
Avg Household Size
35
Median Age
16%
College-Educated
82%
High-School Grad
2.7 sq mi
ZIP Area
37,762
Density / Sq Mi
$59,988
Median Household Income
$40,156
Median Earnings
$1,563
Median Rent
$638,200
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Zoned R5B with approved plans for a six-family walk-up apartment building.
Where is this residential land & home lot located?
The property is located at 234 Norwood Ave Brooklyn, NY.
What are key features of this property?
This property features: Zoned R5B with FAR of 1.35 for residential development; 6,041.5 SF lot with approximately 8,156 SF buildable area as‑of‑right; Offered with approved plans for a 7,168 SF, 6‑family walk‑up apartment building
(646) 502-3481 Call to check price and availability
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