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    441 Liberty Ave Brooklyn, NY 11207

    Sponsored
    For Sale
    $525,000

    Prime Brooklyn location, dual parcels.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional development opportunity encompasses two adjacent parcels totaling 3,000 square feet (40' x 150'), situated at 439 and 441 Liberty Avenue in Brooklyn, New York, zip code 11207. Each individual parcel measures 1,500 square feet. The property benefits from a highly desirable M1-4/R6A, MX-16 zoning designation, allowing for diverse development options. This includes the potential to construct up to 9,000 square feet of residential space or 6,000 square feet of commercial space, subject to Floor Area Ratio (FAR) guidelines. Its strategic location offers unparalleled connectivity, being just three blocks from the subway, one block from a bus stop, and one block from Atlantic Avenue. Proximity to Jackie Robinson Parkway and JFK Airport further enhances accessibility. The dual parcels present a unique opportunity for phased development or a multifaceted project, catering to various investment strategies. This corner lot presents a compelling investment prospect in a thriving urban area. The asking price is $525,000. Interested parties are encouraged to explore the significant potential of this property.

    Property Features for 441 Liberty Ave

    General Information

    Property type
    Land

    HighLights

    • $525,000 asking price.
    • 1,500 sq ft lot size.
    • M1‑4/R6A, MX‑16 zoning permits diverse development (residential, commercial, industrial).
    • Excellent transit access: three blocks from subway, one block from bus stop, one block from Atlantic Avenue, near Jackie Robinson Parkway and JFK Airport.
    • Potential for up to 9,000 sq ft residential or 6,000 sq ft commercial development.
    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
    -73.8934843
    Latitude
    40.6750375

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    FAQs

    What type of property is this?
    Land - Prime Brooklyn location, dual parcels.
    Where is this land located?
    The property is located at 441 Liberty Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: $525,000 asking price.; 1,500 sq ft lot size.; M1-4/R6A, MX-16 zoning permits diverse development (residential, commercial, industrial).
    Request Owner's contact information
    441 Liberty Ave Brooklyn, NY 11207
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    Brooklyn, NY 11207
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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
    441 Liberty Ave Brooklyn, NY 11207
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