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Vacant Development Lot
For Sale
Contact for pricing
Pending

533 Albany Ave, Brooklyn, NY 11203

Vacant lot with proposed plans for one commercial unit and nine apartments in a high-demand residential area.

Property SizeContact for details
Days on Market139

Property Features for 533 Albany Ave

General Information

Standard status Pending
Property subtype Mixed Use, Land
Listing Agency: Golden Star Realty Group
Listed By: Joe Goldberg
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Apr 11 at 12:00AM

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 Golden Star Realty Group

Investment Insights

Based on property information with market context.

The property is a vacant lot in the Lefferts Gardens area of Brooklyn, NY. Development plans call for a mixed-use building with 1 commercial unit and 9 apartments, including four 2-bedroom units and five 1-bedroom units, for a total of 10 units.

Public remarks indicate strong local demand for newly constructed residential units, with construction activity described as ongoing and increasing. The property is also noted for its close proximity to public transportation.

For buyers and development partners, the primary value proposition is the existing lot with an identified unit mix for a combined commercial and residential project, aligned to the area’s current development momentum and access to transit.

Key Highlights

  • Vacant lot in the Lefferts Gardens area of Brooklyn, NY
  • Proposed plans include 1 commercial unit and 9 apartments for a total of 10 units
  • Apartment mix: 4 two‑bedroom units and 5 one‑bedroom units

Property Analytics

Current Use

Residential land & home ...

Suggested Use

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

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

6,399
Businesses Nearby

Demographics for 11203, NY

81,824
Population
33,434
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
38,964
Density / Sq Mi
$68,028
Median Household Income
$47,302
Median Earnings
$1,566
Median Rent
$677,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant lot with proposed plans for one commercial unit and nine apartments in a high-demand residential area.
Where is this residential land & home lot located?
The property is located at 533 Albany Ave Brooklyn, NY.
What are key features of this property?
This property features: Vacant lot in the Lefferts Gardens area of Brooklyn, NY; Proposed plans include 1 commercial unit and 9 apartments for a total of 10 units; Apartment mix: 4 two‑bedroom units and 5 one‑bedroom units
More about this property
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