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R5 Development Land Opportunity
For Sale
$995,000

716 Ditmas Ave, Brooklyn, NY 11218

Zoned R5 land offers buildable space up to 4,242 sq. ft. in Brooklyn.

Property SizeContact for details
Days on Market108

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
Listed By: Lee S Wasserman
Source: Elliman
Added: Apr 28 Changed: Aug 8 Last Checked: Apr 28 at 4:28PM

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

Investment Insights

Based on property information with market context.

For sale is a development parcel zoned R5, offering potential to build up to 4,242 sq. ft. The property’s configuration makes it suitable for a range of residential and institutional concepts, subject to applicable approvals.

The land is described as being located in the Kensington section of Brooklyn and is presented as convenient to the F train and other mass transportation, with access to Manhattan and surrounding retail, dining, and parks.

BikeScore and walkScore metrics provided with the listing indicate a highly walkable, bike-friendly setting, along with a high transitScore.

Key Highlights

  • Zoned R5 land in Brooklyn’s Kensington section
  • Buildable up to 4,242 sq ft (per R5 zoning)
  • Zoned R5 supports residential development and other uses, including condominiums, luxury rentals, and custom multi‑family homes

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 land offers buildable space up to 4,242 sq. ft. in Brooklyn.
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 $995,000.
What are key features of this property?
This property features: Zoned R5 land in Brooklyn’s Kensington section; Buildable up to 4,242 sq ft (per R5 zoning); Zoned R5 supports residential development and other uses, including condominiums, luxury rentals, and custom multi‑family homes
More about this property
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