3485 Fort Hamilton Pkwy, Brooklyn, NY 11218
For Sale
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This exceptional package deal presents a rare opportunity for developers and investors. Located in the highly desirable Kensington/ Boro Park neighborhood of Brooklyn, New York, this property encompasses two parcels totaling 5,105 square feet, zoned C8-2. The combined lot size offers significant buildable square footage, presenting tremendous development potential. One parcel features a two-story commercial building (20x102 lot) with two commercial units, office space over a warehouse. The second parcel (30x102 lot) includes a one-story commercial retail building/garage (30x60 building size). This prime location in a sought-after Brooklyn neighborhood makes this a once-in-a-lifetime opportunity to capitalize on the Brooklyn building boom. The asking price for this exceptional package is $2,495,000. The address is 3485 Fort Hamilton Parkway, Brooklyn, NY 11218. This property is ideal for those seeking substantial development potential in a thriving Brooklyn community. Don't miss this chance to acquire a prized piece of real estate in one of Brooklyn's most premier neighborhoods.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
C8-2 · Brooklyn, NYBrooklyn. Always verify with local authorities before improvements.
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.