Brooklyn Three-Family Investment
5514 Fort Hamilton Parkway, Brooklyn, NY 11219
New
MULTI_FAMILY - Brooklyn, NY
Property size:
3,036 SFLot size:
0.06 AcresPrice / SF:
$658/SF- Added:
- May 11, 2026
- Days on Market:
- 7
- Last Refresh:
- May 17 at 6:06 am
Property Features for 5514 Fort Hamilton Parkway
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6
- Bedrooms
- 7
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bedroom 5, Bedroom 1, Bedroom 7, Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 6, Bathroom 1, Bedroom 4
- Interior features
- Refrigerator, Stove
- Standard status
- Active
- Size
- 3,036 SF
- Lot size
- 0.06 Acres
Building Details
- Year built
- 1915
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Hardwood
- Building materials
- Brick
- Roof type
- Flat
Listing agent Rong Feng Li License #10401316932 (718) 612-3088
Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY (718) 612-3088
Listing date May 11, 2026
MLS# 501326
Listing URL
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.
HighLights
- R6 zoning with C1‑3 commercial overlay allows for mixed‑use development.
- Oversized 20*117.82 lot provides abundant space for new ground‑up development or expansion.
- Solid, well‑maintained three‑family house generates steady rental income.
- Excellent location on Fort Hamilton Parkway in prime Boro Park, close to amenities, transportation, and schools.
- Rare combination of favorable zoning and extra‑large lot, ideal for builders and developers.
- Brick construction and hardwood floors.
Overview
This Brooklyn property presents a three-family residential investment opportunity, suitable for builders, developers, and long-term investors. The R6 residential zoning with a C1-3 commercial overlay allows for mixed residential and commercial usage, a higher floor area ratio, and flexible options for new construction, renovation, and expansion, offering development potential with easy approval for builder plans. The oversized lot measures 20 feet by 117.82 feet, providing abundant open land for new ground-up development, multi-unit new builds, and home expansion. The property features a solid, well-maintained three-family house layout, generating rental income. Situated on Fort Hamilton Parkway in the Boro Park neighborhood, the location offers proximity to shops, restaurants, public transportation, highways, schools, and daily amenities. The property size is 3036 square feet and the lot size is approximately 0.055 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Residential land & home ...
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.002643
- Latitude
- 40.63542
Nearby Similar for Sale
FAQs
What type of property is this?
Residential land & home lot - Prime investment property with development potential in Boro Park.
Where is this residential land & home lot located?
The property is located at 5514 Fort Hamilton Parkway 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 zoning with C1‑3 commercial overlay allows for mixed‑use development.; Oversized 20*117.82 lot provides abundant space for new ground‑up development or expansion.; Solid, well‑maintained three‑family house generates steady rental income.
