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245 Duffield St 253 Brooklyn, NY 11201-5302

OFF-MARKET Investment properties Google Maps
24,990 SF 0.19 ac lot Built 1993
Entity Owned Absentee Owner ~ Est. High Equity
Estimated value
No estimation on file for this property yet.
Property ID US63-1293969

Property summary

AI-generated overview

This exceptional 100,056 square foot mixed-use development site is located at 245 Duffield Street in the heart of Downtown Brooklyn, New York. Situated on an 8,338 square foot lot (98' x 85'), this property boasts a C6-4.5 / DB zoning designation. The site's prime location within Kings County's vibrant business district offers unparalleled access to abundant shopping, dining, entertainment, and educational institutions. Its strategic placement benefits from the recent surge in residential development in the immediate vicinity, including notable projects like the Brooklyn Tower, Brooklyn Point, The Azure, 11 Hoyt, and The Paxton. This translates to a high demand for both residential and commercial spaces, making this a compelling investment opportunity. The property's significant scale and central location within a designated Opportunity Zone further enhance its appeal. This is a rare chance to acquire a large-scale development site in one of New York City's most dynamic and rapidly growing neighborhoods. The property's dimensions and zoning provide significant flexibility for a wide range of development projects, capitalizing on the area's robust economic activity and increasing population. This presents a unique chance to create a landmark development in a thriving urban center.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1993
Total area 24,990 SF
Lot 0.19 ac (8,330 SF)
Zoning code C64.5
APN 00146-0002
UPID US63-1293969

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
Last sale
$31.0M
2 recorded transactions
2025
$31.0M
2025
Price N/A

Zoning & alternative use

C64.5 · Brooklyn, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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