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Property profile & analytics
OFF-MARKET
Land

491 Thatford St Brooklyn, NY 11212

Property ID
Property summary
AI-generated overview

This exceptional 2,400 square foot development opportunity in Brooklyn, New York, presents a compelling investment prospect for discerning developers, builders, and investors. Located at 491 Thatford Street, within the 11212 zip code in Kings County, this property offers significant potential due to its R6 zoning and a generous Floor Area Ratio (FAR) of 2.43. The lot dimensions are 24 feet wide by 100 feet deep, allowing for a buildable area of 5,832 square feet, including the possibility of a rear garage. The tranquil residential setting provides a peaceful backdrop while still enjoying convenient access to a wealth of amenities. Public transportation is readily available via the #3 and L subway lines, MTA buses, and proximity to Gateway Mall and various shopping centers. Brookdale Hospital is also nearby, adding to the area's appeal. This prime location offers exceptional accessibility and presents a unique chance to contribute to Brooklyn's ongoing revitalization. The property's size and zoning regulations provide ample space for innovative residential development, making it an ideal canvas for realizing ambitious building plans. This is a rare opportunity to acquire a well-situated lot with significant development potential in a thriving Brooklyn neighborhood.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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