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Brooklyn Chinatown Development Opportunity
For Sale
$9,000,000
Pending

803 58th St, Brooklyn, NY 11220

60x100 lot in prime Brooklyn location, C1-3/R6 zoning.

Property Size5,280 SF
Lot Size0.14 Acres
Days on Market168

Property Features for 803 58th St

General Information

Standard status Pending
Size 5,280 SF
Lot size 0.14 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $25,028

Building Details

Building Size 5,280 SF
Year Built 1920
Stories 3
Listing Agency: Tiger Realty
Listed By: Hang (Tyler) Chen · License #HC3855
Source: Elliman
Added: Mar 10 Changed: Aug 12 Last Checked: Aug 24 at 9:55AM

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 Tiger Realty

Investment Insights

Based on property information with market context.

This property presents an opportunity for builders and investors in Brooklyn's Chinatown, situated at the intersection of 8th Avenue and 58th Street. The 60x100 lot is zoned C1-3/R6, making it suitable for mixed-use or residential development. The location offers convenient access to the N train, shopping, and dining options. This property is located in a high-demand area.

Key Highlights

  • Prime location on 8th Ave & 58th St in Brooklyn's Chinatown.
  • Large 60x100 lot size.
  • C1‑3/R6 zoning allows for mixed‑use or residential development.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Nursing Home 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

7,012
Businesses Nearby

Demographics for 11220, NY

105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
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?
Commercial land - 60x100 lot in prime Brooklyn location, C1-3/R6 zoning.
Where is this commercial land located?
The property is located at 803 58th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $9,000,000.
What are key features of this property?
This property features: Prime location on 8th Ave & 58th St in Brooklyn's Chinatown.; Large 60x100 lot size.; C1‑3/R6 zoning allows for mixed‑use or residential development.
More about this property
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