2822 Brown St, Brooklyn, NY 11235
This exceptional 4,126 square foot lot, located at 2822 Brown Street in the heart of Sheepshead Bay, Brooklyn, New York (zip code 11235), presents a unique opportunity for builders, investors, and developers. Priced at $699,000, the property includes a one-story bungalow shell, offering a solid foundation for a new construction project. The lot's size allows for the development of a one to three-family residential building, catering to a variety of development plans. Sheepshead Bay is a vibrant waterfront community known for its recreational activities, including fishing and walking along Emmons Avenue. The area boasts numerous yacht clubs and condominiums, reflecting its attractive residential character. This resilient neighborhood is experiencing growth and positive development, as evidenced by initiatives launched by the Department of City Planning, including recommendations for zoning and land use updates. The property offers ample parking with three spaces. Aerial views and drone video are available upon request. This is a chance to be part of Sheepshead Bay's continued prosperity. The existing bungalow shell is viewable on the property. Don't miss this chance to build in a desirable Brooklyn location.
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.