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Vacant Development Land Parcel
For Sale
$288,000

764 Shepherd Avenue, Brooklyn, NY 11208

Vacant 20x100 parcel available for development in an R5-zoned area near transit and retail at Gateway Center.

Property SizeContact for details
Lot Size0.05 Acres
Days on Market60

Property Features for 764 Shepherd Avenue

General Information

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

Taxes and HOA fees

Annual Taxes $843
Listing Agency: MITRA HAKIMI REALTY GROUP LLC
Listed By: ETAN HAKIMI · License #1014541
Source: Corcoran
Added: Jun 18 Changed: Aug 16 Last Checked: Aug 16 at 9:13AM

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 offering is a vacant land parcel totaling 2,000 square feet, described as a 20x100 lot. It is identified as having R5 zoning, making it suitable for a development-minded buyer evaluating potential uses under the applicable zoning.

The parcel is located at 764 Shepherd Avenue in Brooklyn. Public transportation access is noted nearby, including the B15 and B20 bus lines and the 2, 3, and 4 subway trains. The description also references proximity to Gateway Center, with retail stores, restaurants, and everyday conveniences.

As a vacant lot, the property presents an opportunity for buyers seeking land to build now or plan for future development within an established, transit-connected area.

Key Highlights

  • Vacant 20x100 lot (2,000 SF) at 764 Shepherd Avenue in Brooklyn’s East New York
  • R5 zoning, suitable for residential development on the vacant parcel
  • Near B15 and B20 bus lines for transit access

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant 20x100 parcel available for development in an R5-zoned area near transit and retail at Gateway Center.
Where is this residential land & home lot located?
The property is located at 764 Shepherd Avenue 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 20x100 lot (2,000 SF) at 764 Shepherd Avenue in Brooklyn’s East New York; R5 zoning, suitable for residential development on the vacant parcel; Near B15 and B20 bus lines for transit access
More about this property
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