Approved Multifamily Development
For Sale
$1,470,000
895 Lenox Road, Brooklyn, NY 11203
Fully approved R6 subdivided site with 421-a footing, split into two parcels for 6- and 7-family buildings.
Property Size8,800 SF
Price / SF$167.05
Days on Market174
Property Features for 895 Lenox Road
General Information
Standard status
Active
Size
8,800 SF
Property subtype
Land
Zoning
R6
Additional Details
Multifamily Units
13
Taxes and HOA fees
Annual Taxes
$6,286
Amenities
Public Sewer
Multi-Family, Square Feet
No
Building Details
Year Built
1901
Listing Agency:
eRealty Advisors, Inc.
(929) 214-2120
Listed By:
Zalman Pavel
(929) 214-2120
Source:
Compass
Added: Feb 17
Changed: Aug 8
Last Checked: Mar 25 at 12:17PM
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 eRealty Advisors, Inc.
Investment Insights
Based on property information with market context.
895–893 Lenox Road in East Flatbush presents a shovel-ready, fully approved multifamily development site with confirmed 421-a footing already in place. The property is a 40’ x 100’ lot split into two buildable parcels, each supported by approved plans.
The approvals include a 6-family building and a 7-family building totaling approximately 8,800 BSF. With the entitlement process described as complete and the 421-a footing confirmed, the site is positioned to move directly toward project execution based on the submitted/approved plan set.
The approvals include a 6-family building and a 7-family building totaling approximately 8,800 BSF. With the entitlement process described as complete and the 421-a footing confirmed, the site is positioned to move directly toward project execution based on the submitted/approved plan set.
Key Highlights
- Fully approved, subdivided R6 development site in East Flatbush at 895–893 Lenox Road
- 40' x 100' lot split into two buildable parcels for a 6‑family and 7‑family building
- Approved plans total approximately 8,800 BSF
Property Analytics
Property Profile
Current Use
Lease Details
13
Residential units
Location Intelligence
Trade Area within ½ mile
3,857
Businesses Nearby
Explore this area
Business Placement
Demographics for 11203, NY
81,824
Population
33,434
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
38,964
Density / Sq Mi
$68,028
Median Household Income
$47,302
Median Earnings
$1,566
Median Rent
$677,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully approved R6 subdivided site with 421-a footing, split into two parcels for 6- and 7-family buildings.
Where is this apartment building located?
The property is located at 895 Lenox Road Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,470,000.
What are key features of this property?
This property features: Fully approved, subdivided R6 development site in East Flatbush at 895–893 Lenox Road; 40' x 100' lot split into two buildable parcels for a 6‑family and 7‑family building; Approved plans total approximately 8,800 BSF
