702 44Th St Brooklyn, NY 11220
- Apartment buildings
- 52,000 SF
Current Use by Public Records
- Greta Gertler / Piano Instructor / Music
Property Details for 702 44Th St
- Property size
- 52,000 SF
- Property type
- Apartment buildings
Description
Exceptional redevelopment opportunity in Sunset Park, Brooklyn. This 6-story, 52,000 square foot building sits on a 12,020 square foot lot at the southeast corner of 7th Avenue and 44th Street. Previously housing 54 residential units totaling 46,997 net square feet, the property is vacant following a 2019 fire. While the as-of-right buildable square footage (BSF) is 38,565 square feet, the existing structure allows for redevelopment of the entire 52,000 square feet. The location offers unparalleled convenience, with the 36th Street N/R train station and the 9th Avenue D train station both within a half-mile radius, providing easy access to Manhattan in under 30 minutes. The property enjoys a highly desirable location directly across from Sunset Park and across the street from P.S. 169, and just one block from the vibrant retail corridor on 8th Avenue. Prior condo sales in the building exceeded $900 per square foot. This presents a unique chance to capitalize on a prime location and substantial existing square footage for a lucrative development project. Asking price is $9,950,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.0023
- Latitude
- 40.6455
