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Brooklyn Vacant Lot Development Opportunity
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392 Shepherd Ave, Brooklyn, NY 11208

Buildable 7,500 sq ft lot near C train.

Property SizeContact for details
Days on Market1042

Property Features for 392 Shepherd Ave

General Information

Standard status Active
Property subtype Land
Zoning R6A (3.0) Height Limit 70’
Listing Agency: Brown Harris Stevens
Listed By: Kervin Vales · License #109918089
Source: Crexi
Added: Oct 10, 2023 Changed: Aug 8 Last Checked: Aug 8 at 11:21AM

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 Brown Harris Stevens

Investment Insights

Based on property information with market context.

This property features a 25-foot wide vacant lot with 7,500 buildable square feet, presenting a prime development opportunity. The lot is suitable for constructing a six-story apartment building, with the potential for one or two apartments per floor. Situated one block from the C train at Shepherd and Pitkin Avenues, the location provides convenient access to Downtown Brooklyn and the city. The property is located off Pitkin Avenue, which offers a variety of stores and restaurants.

Key Highlights

  • Prime development opportunity with 7,500 buildable square feet.
  • Build a six‑story apartment building.
  • Flexible unit configuration: one or two apartments per floor.

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 - Buildable 7,500 sq ft lot near C train.
Where is this residential land & home lot located?
The property is located at 392 Shepherd Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $937,500.
What are key features of this property?
This property features: Prime development opportunity with **7,500 buildable square feet**.; Build a **six‑story apartment building**.; Flexible unit configuration: one or two apartments per floor.
(212) 396-8244 Call to check price and availability
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