487 Ocean Pkwy Brooklyn, NY 11218
- Land
Current Use by Public Records
- Land
Property Details for 487 Ocean Pkwy
- Property type
- Land
Description
This exceptional 4,500 square foot lot, located at 487 Ocean Parkway in Brooklyn, New York (Kings County, zip code 11218, APN 05390-0060), presents a unique opportunity for residential development. Zoned R7A and OP, the property boasts approved plans for an eight-story building encompassing approximately 18,000 square feet. The approved plans include 17 residential units, highlighted by a substantial penthouse. This shovel-ready site is ideally situated between Ditmas Avenue and Cortelyou Road, offering convenient access to public transportation—a mere four blocks from the F train on McDonald Avenue—and major roadways, including the Prospect Expressway at Church Avenue. The location also benefits from proximity to houses of worship, schools, shopping, and other essential amenities. The asking price for this prime development opportunity is $3,200,000. The lot dimensions are 30 feet by 150 feet. The property is owned by an LLC.
Value Estimation
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Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9725
- Latitude
- 40.6366
