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    3483 Fort Hamilton Pkwy Brooklyn, NY 11218

    For Sale
    $1,750,000

    5,105 SF Lot, Prime Kensington Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional commercial land parcel, located at 3483 Fort Hamilton Parkway in Brooklyn, New York, presents a unique investment opportunity. The 5,105 square foot lot is zoned C8-2, offering significant development potential for builders and investors. This property is part of a package deal that includes adjacent properties at 3485 Fort Hamilton Parkway, totaling a combined 50x102 lot size. The combined properties offer tremendous buildable square footage in a highly desirable Kensington/ Boro Park neighborhood. This prime location within Brooklyn's thriving real estate market makes this a once-in-a-lifetime chance to capitalize on the area's ongoing growth. The asking price for this 5,105 square foot lot is $1,750,000. The property's address is 3483 Fort Hamilton Parkway, Brooklyn, NY 11218, within Kings County. This is an outstanding opportunity for developers, builders, investors, or end-users seeking a substantial land holding in a premier Brooklyn neighborhood. Don't miss this chance to be part of Brooklyn's building boom.

    Property Features for 3483 Fort Hamilton Pkwy

    General Information

    Property type
    Land
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Midtown Elevator Elevator Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings (Brooklyn)
    State
    New York
    Longitude
    -73.9865153
    Latitude
    40.6450944

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    FAQs

    What type of property is this?
    Land - 5,105 SF Lot, Prime Kensington Location
    Where is this land located?
    The property is located at 3483 Fort Hamilton Pkwy Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,750,000.
    (718) 532-2000
    Request Owner's contact information
    3483 Fort Hamilton Pkwy Brooklyn, NY 11218
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    Brooklyn, NY 11218
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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
    3483 Fort Hamilton Pkwy Brooklyn, NY 11218
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