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R5 Development Land Lot
For Sale
$899,000

716 Ditmas Ave, Brooklyn, NY 11218

Zoned R5 and reportedly buildable up to 4,242 sq ft in Brooklyn’s Kensington section.

Property SizeContact for details
Days on Market183

Property Features for 716 Ditmas Ave

General Information

Standard status Active
Property subtype Land
Zoning R5

Taxes and HOA fees

Annual Taxes $18,000
Listing Agency: Bergen Basin Realty LLC
Listed By: Lee S Wasserman
Source: Exprealty
Added: Feb 11 Changed: Aug 8 Last Checked: Aug 8 at 4:17PM

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 Bergen Basin Realty LLC

Investment Insights

Based on property information with market context.

This offering presents a parcel of residential development land at 716 Ditmas Ave in Brooklyn’s Kensington section. The property is zoned R5, with remarks indicating it is buildable up to 4,242 sq ft.

According to the public remarks, the site may lend itself to a range of development concepts, including a medical facility, house of worship, condominiums, luxury rentals, or a custom multi-family home. The location is described as convenient to the F train and other mass transportation, with easy access to Manhattan. The surrounding area is also described as being near shopping, restaurants, botanical gardens, museums, and parks, and the remarks note that land availability is limited in the area.

Key Highlights

  • Land in Brooklyn’s Kensington section, zoned R5
  • Zoning allows buildable space reported up to 4,242 sq ft
  • Convenient to the F train and various mass transportation for access to Manhattan

Property Analytics

Current Use

Chabad of Ditmas Park Church

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Spa & Massage Center Bar & Pub 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.

Location Intelligence

Trade Area within ½ mile

4,746
Businesses Nearby

Demographics for 11218, NY

78,642
Population
27,403
Households
2.9
Avg Household Size
35
Median Age
51%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
56,173
Density / Sq Mi
$95,916
Median Household Income
$55,190
Median Earnings
$1,966
Median Rent
$914,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Zoned R5 and reportedly buildable up to 4,242 sq ft in Brooklyn’s Kensington section.
Where is this residential land & home lot located?
The property is located at 716 Ditmas Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Land in Brooklyn’s Kensington section, zoned R5; Zoning allows buildable space reported up to 4,242 sq ft; Convenient to the F train and various mass transportation for access to Manhattan
More about this property
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