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Brooklyn Land Development Opportunity
For Sale
$2,800,000

318 23rd Street lot 48, Brooklyn, NY 11215

LAND - Brooklyn, NY

Property Size5,940 SF
Lot Size0.12 Acres
Price / SF$471.38
Days on Market595

Property Features for 318 23rd Street lot 48

General Information

Property type Land
Property subtype Other
Zoning R6B
Subdivision Greenwood Heights
Standard status Active
Size 5,940 SF
Lot size 0.12 Acres

Building Details

Floors in Building 3
Listing Agency: RE/MAX Real Estate Professiona
Listed By: Billy Apter · License #BEA5721
Added: Jan 8, 2025 Changed: May 14 Last Checked: Aug 26 at 5:06AM
MLS# 488466

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 50x100 lot, zoned R6B, presents a development opportunity in a sought-after Brooklyn neighborhood. Situated in the Greenwood/South Slope area, the property offers a lot size of 0.115 acres, equivalent to 5940 square feet. The location is described as highly desirable. The property is intended for developers and builders looking to capitalize on Brooklyn's building activity. The zoning and lot size suggest potential for significant development. Investors and developers may find this property appealing due to its location and development potential.

Key Highlights

  • Large 50x100 lot size provides significant development potential.
  • Zoned R6B, allowing for various development options (consult architect).
  • Located in the highly desirable South Slope/Greenwood neighborhood of Brooklyn.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Gym & Fitness Center Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

3,630
Businesses Nearby

Demographics for 11215, NY

67,493
Population
32,197
Households
2.1
Avg Household Size
37
Median Age
80%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
30,679
Density / Sq Mi
$180,773
Median Household Income
$99,151
Median Earnings
$2,803
Median Rent
$1,674,700
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Rare 50x100 lot in desirable South Slope/Greenwood location.
Where is this residential land & home lot located?
The property is located at 318 23rd Street lot 48 Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Large 50x100 lot size provides significant development potential.; Zoned R6B, allowing for various development options (consult architect).; Located in the highly desirable South Slope/Greenwood neighborhood of Brooklyn.
More about this property
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