673 Livonia Ave, Unit 683 Brooklyn, NY 11207-5407
Property profile & analytics
673 Livonia Ave, Unit 683, Brooklyn, NY 11207-5407
- Manufacturing properties
- 8,300 SF
- 0.23 lot acres
Property ID
US63-1406048
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Fleetwood Cabinet Co Inc / General Contractor / Renovation Specialist
Property Details for 673 Livonia Ave
- Year built
- 1930
- Lot size
- 0.23 lot acres
- Property size
- 8,300 SF
- Zone code
- R6
- Property type
- Manufacturing properties
- APN
- 03808-0001
- APU
- 38080001
Description
This exceptional 10,000 square foot commercial land parcel presents a remarkable development opportunity in Brooklyn, New York. Located at 673 Livonia Avenue, this corner lot boasts a substantial 200-foot wraparound frontage, maximizing visibility and accessibility. Currently improved with a 1-story warehouse, the property offers significant as-of-right buildable square footage. With R6/C2-3 zoning, the site allows for a large-scale mixed-use development plan, potentially reaching 30,000 buildable square feet as-of-right, and up to 48,000 square feet with the utilization of community facility allowances. The property's strategic location in East New York provides unparalleled convenience, situated just two blocks from the Pennsylvania Avenue subway station, offering easy access to the 2, 3, 4, and 5 subway lines. Nearby amenities include the Brooklyn Public Library, Hyde Leadership Charter Middle School, and the Martin Luther King Jr. Playground. This vibrant neighborhood is experiencing significant growth, with over a dozen new buildings developed within a half-mile radius, indicating a strong and promising market. The asking price for this exceptional development opportunity is $2,900,000. This is a rare chance to acquire a substantial property in a rapidly developing area with excellent transit access and strong community infrastructure. Don't miss this chance to capitalize on the potential of this prime Brooklyn location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,675,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,460,000
- 6.5%
- $2,270,000
- 7%
- $2,110,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.8919
- Latitude
- 40.6653
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$0.00
$81,000
$322,200
$403,200
-
$180,000
$716,000
$896,000
