2220-2222 Voorhies Ave Brooklyn, NY 11235
This exceptional 2,759 sq ft development site, located at 2220-2222 Voorhies Avenue in Brooklyn's Sheepshead Bay, presents a compelling investment opportunity. The property consists of two contiguous lots with R4 zoning, allowing for diverse development options, including residential and community facility uses. With 114 feet of high-visibility frontage, this corner lot offers significant potential. The 2.00 CF FAR allows for up to 5,519 buildable square feet (ZFA) for a mixed-use project incorporating a community facility. Alternatively, a 0.90 FAR could yield a 2,483 sq ft boutique residential building, ideal for rental apartments or condominiums. The site's strategic location provides excellent accessibility, with close proximity to the B and Q subway lines at the Sheepshead Bay station and the Shore Parkway. This property represents a rare chance to capitalize on the growth and potential of one of Brooklyn's most dynamic and up-and-coming neighborhoods. The asking price is $850,000.
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
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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.