491 Thatford St Brooklyn, NY 11212
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.
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
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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.