Listing Agency: GAMA GROUP LLC g***@gamagroupnyc.com Show Phone

Listed By: Gabriel Lian

Source: Crexi

Added: Apr 17, 2024 Changed: Aug 8 Last Checked: Aug 8 at 12:01PM

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Investment Insights

Based on property information with market context.

This property presents a development opportunity in Bath Beach, Brooklyn. The lot measures 80x97 feet, offering frontage along 88th Street and 17th Avenue. Zoned R5, the site allows for over 10,000 buildable square feet. Currently, a 2-family home occupies the lot. The zoning permits condo or multi-family townhouse development. The location is noted for its proximity to several successful new developments.

Key Highlights

• RARE 80x97 DEVELOPMENT OPPORTUNITY in Prime Bath Beach
• Zoned R5 with OVER 10,000 BUILDABLE SQFT
• Allows for condo or multi‑family townhouse development

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Parking Lot & Garage Hotel & Motel Bar & Pub Catering Service Real Estate Agency

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

2,330

Businesses Nearby

Explore this area Business Placement

Demographics for 11214, NY

96,560

Population

33,341

Households

2.9

Avg Household Size

39

Median Age

32%

College-Educated

76%

High-School Grad

2.0 sq mi

ZIP Area

48,280

Density / Sq Mi

$64,286

Median Household Income

$41,172

Median Earnings

$1,710

Median Rent

$1,007,400

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this residential land & home lots located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Large lot suitable for condo or multi-family townhouse development.

Where is this residential land & home lot located?

The property is located at 8807 17TH AVENUE Brooklyn, NY.

What is the asking price?

The asking price for this property is $3,380,000.

What are key features of this property?

This property features: RARE 80x97 DEVELOPMENT OPPORTUNITY in Prime Bath Beach; Zoned R5 with OVER 10,000 BUILDABLE SQFT; Allows for condo or multi‑family townhouse development