662 39Th St, Brooklyn, NY 11232
This exceptional 2,500 square foot land parcel presents a unique investment opportunity in the vibrant Brooklyn, New York market. Located at 662 39th Street, in Kings County (Brooklyn), zip code 11232, this property offers significant potential for redevelopment. The lot dimensions measure 25 feet wide by 100 feet deep, providing a versatile footprint for various development projects. The asking price is $975,000. The property is being sold as-is, requiring some attention and improvements (TLC). Full possession of the property will be granted at closing. This is a rare chance to acquire a sizable land parcel in a highly sought-after Brooklyn neighborhood. The property's location offers easy access to local amenities, transportation, and the broader New York City area. Given its size and location, this property is ideal for developers, investors, or anyone seeking to build their dream project. The property is situated at latitude 40.6488919 and longitude -74.000277. Serious inquiries are encouraged. This is a unique opportunity to acquire a piece of Brooklyn real estate with significant upside potential. Act quickly, as properties like this are rarely available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.