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    2383 Stillwell Ave Brooklyn, NY 11223

    Sponsored
    For Sale
    Contact for pricing

    Prime Brooklyn corner lot, 19,200 sq ft.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 19,200 square foot commercial and residential land parcel presents a remarkable development opportunity in the vibrant Gravesend neighborhood of Brooklyn, New York. Located at 2383 Stillwell Avenue, this expansive corner lot boasts a highly desirable location within Kings County, offering unparalleled potential for a variety of projects. The property's substantial size allows for significant development flexibility, catering to the needs of forward-thinking developers and builders. Its strategic placement within a thriving community ensures strong potential for both residential and commercial ventures. The address, 2383 Stillwell Avenue, Brooklyn, NY 11223, provides easy access to major transportation routes and local amenities, further enhancing its appeal. This is a rare chance to acquire a large, strategically located parcel in a rapidly growing area of Brooklyn, making it an ideal investment for those seeking to capitalize on the area's continued expansion and development. The property's zoning and potential uses should be independently verified. This prime location offers significant upside for the right developer. The geographic coordinates are 40.58950808790111 latitude and -73.98387496883205 longitude.

    Property Features for 2383 Stillwell Ave

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.983874968832
    Latitude
    40.589508087901

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    FAQs

    What type of property is this?
    Land - Prime Brooklyn corner lot, 19,200 sq ft.
    Where is this land located?
    The property is located at 2383 Stillwell Ave Brooklyn, NY.
    (516) 801-6181
    Request Owner's contact information
    2383 Stillwell Ave Brooklyn, NY 11223
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    Brooklyn, NY 11223
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2383 Stillwell Ave Brooklyn, NY 11223
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