3038 Brighton 5Th St, Brooklyn, NY 11235
This exceptional 5,200 square foot lot, located at 3038 Brighton 5th Street in Brooklyn, New York (zip code 11235), presents a remarkable development opportunity. The property boasts a 52 x 100 foot lot size and includes a private driveway. Currently zoned 6, it offers a Floor Area Ratio (FAR) of 2.43 and a facility FAR of 4.8, allowing for the potential construction of up to 12,636 square feet of building space. This translates to significant potential for a large-scale development project, making it ideal for seasoned developers or those seeking a lucrative first venture. The property's location is highly desirable, situated just blocks from convenient shopping and a train station, ensuring easy access and high desirability for future residents or tenants. This is a package deal including 3042 Brighton 5th Street. The asking price for this prime piece of real estate is $2,200,000. Don't miss this chance to acquire a substantial development site 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
Similar Nearby for Lease
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.