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    168 Bradford St Brooklyn, NY 11207

    Sponsored
    For Sale
    $600,000

    2,500 sq ft Residential Lot, $600,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 2,500 square foot residential lot in Brooklyn, New York, presents a compelling investment opportunity. Located at 168 Bradford Street, in Kings County, zip code 11207, this R6B zoned property offers significant potential for redevelopment. Currently featuring a 20-foot wide, two-story single-family building on a 25' x 100' lot, the site allows for the construction of a five-story apartment building. This could accommodate five floor-through units or ten two-bedroom apartments, catering to a high demand for housing in the area. Alternatively, the existing structure could be renovated into a two-family dwelling, providing an immediate income stream for owner-occupants. The property's strategic location, just three blocks from the A and C subway lines at Liberty and Pennsylvania Avenues, ensures convenient access to Downtown Brooklyn and the rest of the city, enhancing its appeal to both residents and investors. The asking price is $600,000. This is a rare chance to acquire a well-situated property with substantial upside potential in a thriving Brooklyn neighborhood.

    Property Features for 168 Bradford St

    General Information

    Property type
    Land

    HighLights

    • $600,000 asking price.
    • 2,500 sq ft residential land lot.
    • R6B zoning.
    • Located at 168 Bradford St, Brooklyn, NY 11207.
    • Prime development opportunity for a five‑story apartment building or renovation into a two‑family home.
    • Three blocks from the A & C subway lines.
    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
    -73.892865438984
    Latitude
    40.675329553915

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    FAQs

    What type of property is this?
    Land - 2,500 sq ft Residential Lot, $600,000
    Where is this land located?
    The property is located at 168 Bradford St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: $600,000 asking price.; 2,500 sq ft residential land lot.; R6B zoning.
    Request Owner's contact information
    168 Bradford St 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
    168 Bradford St Brooklyn, NY 11207
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