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Boro Park Development Opportunity
For Sale
$1,998,000

5514 Fort Hamilton Pkwy, Brooklyn, NY 11219

Three-family property with R6/C1-3 zoning and development potential.

Property Size3,036 SF
Lot Size0.05 Acres
Days on Market97

Property Features for 5514 Fort Hamilton Pkwy

General Information

Standard status Active
Size 3,036 SF
Lot size 0.05 Acres
Property subtype Multi Family

Building Details

Building Size 3,036 SF
Year Built 1915
Stories 3
Listing Agency: Womcore LLC dba Remax Edge
Listed By: Rong Feng Li · License #RFL8266
Source: Elliman
Added: May 12 Changed: Aug 8 Last Checked: Jul 16 at 9:01AM

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 Womcore LLC dba Remax Edge

Investment Insights

Based on property information with market context.

This three-family residential property is located in the Boro Park and Sunset Park area. It is suitable for builders, developers, and long-term investors. The property has R6 residential zoning with a C1-3 commercial overlay, allowing for mixed residential and commercial usage. This zoning provides options for new construction, renovation, and expansion, offering development potential. The lot measures 20x117.82 feet. The existing three-family house layout is well-maintained and provides rental income. The property is located on Fort Hamilton Parkway in the Boro Park neighborhood, close to shops, restaurants, public transportation, highways, schools, and other amenities. The location has a walk score of 95, a transit score of 95, and a bike score of 76.

Key Highlights

  • R6/C1‑3 zoning allows for mixed‑use development and flexible construction options.
  • Oversized 20x117.82 lot provides ample space for new construction or expansion.
  • Excellent location on Fort Hamilton Parkway in prime Boro Park, close to amenities, transportation, and schools.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Nursing Home Bar & Pub

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

7,819
Businesses Nearby

Demographics for 11219, NY

103,447
Population
27,973
Households
3.7
Avg Household Size
27
Median Age
21%
College-Educated
70%
High-School Grad
1.5 sq mi
ZIP Area
68,965
Density / Sq Mi
$55,685
Median Household Income
$30,647
Median Earnings
$1,678
Median Rent
$1,086,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Three-family property with R6/C1-3 zoning and development potential.
Where is this residential land & home lot located?
The property is located at 5514 Fort Hamilton Pkwy Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,998,000.
What are key features of this property?
This property features: R6/C1‑3 zoning allows for mixed‑use development and flexible construction options.; Oversized 20x117.82 lot provides ample space for new construction or expansion.; Excellent location on Fort Hamilton Parkway in prime Boro Park, close to amenities, transportation, and schools.
More about this property
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