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Zoned Residential Development Lot
For Sale
$288,000

764 Shepherd Ave, Brooklyn, NY 11208

Vacant residential land zoned for R5 development, with convenient transit access via nearby bus and subway lines.

Property SizeContact for details
Lot Size0.05 Acres
Days on Market58

Property Features for 764 Shepherd Ave

General Information

Standard status Active
Lot size 0.05 Acres
Property subtype Land
Zoning R5

Taxes and HOA fees

Annual Taxes $843
Listing Agency: Mitra Hakimi Realty Group LLC
Listed By: Etan Hakimi · License #1014541
Source: Elliman
Added: Jun 20 Changed: Aug 8 Last Checked: Jul 16 at 6:00AM

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 Mitra Hakimi Realty Group LLC

Investment Insights

Based on property information with market context.

This listing offers a vacant residential development parcel at 764 Shepherd Ave, Brooklyn. The site measures 20 feet by 100 feet, providing a total lot area of 2,000 square feet. The property is presented as land for buyers and developers looking to plan and build on an R5-zoned lot.

The parcel benefits from established public transportation options, including nearby B15 and B20 bus service and subway access via the 2, 3, and 4 lines. The surrounding area also includes convenient retail and daily needs, with Gateway Center noted as being in close proximity.

For developers, this property offers a straightforward starting point for planning a build within R5 zoning. Because the offering is land only and the parcel is vacant, the opportunity is well suited to parties looking to secure a well-connected site and advance their development timeline based on their own site plan and design approach.

Key Highlights

  • Vacant residential lot at 764 Shepherd Avenue in East New York, Brooklyn
  • 20 ft x 100 ft lot size totaling 2,000 sq ft
  • Zoned R5 for residential development

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Gym & Fitness Center 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

1,554
Businesses Nearby

Demographics for 11208, NY

101,958
Population
37,261
Households
2.7
Avg Household Size
35
Median Age
16%
College-Educated
82%
High-School Grad
2.7 sq mi
ZIP Area
37,762
Density / Sq Mi
$59,988
Median Household Income
$40,156
Median Earnings
$1,563
Median Rent
$638,200
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 residential land zoned for R5 development, with convenient transit access via nearby bus and subway lines.
Where is this residential land & home lot located?
The property is located at 764 Shepherd Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $288,000.
What are key features of this property?
This property features: Vacant residential lot at 764 Shepherd Avenue in East New York, Brooklyn; 20 ft x 100 ft lot size totaling 2,000 sq ft; Zoned R5 for residential development
More about this property
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