673 Livonia Ave 683 Brooklyn, NY 11207-5407

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.