2109 Shore Pkwy Brooklyn, NY 11214
Gravesend NeighborhoodEstimated payment $18,279/month
About This Lot
Discover an unparalleled development opportunity in the heart of Brooklyn's coveted Gravesend neighborhood. This exceptionally rare assemblage of two contiguous lots, boasting a combined footprint of 54'x100' and a total land area of 5,270 Sq. Ft., presents a unique chance to create a landmark project in a thriving, high-demand market.Strategically positioned on a prominent corner along wide, bustling Shore Parkway, this R6-zoned site unlocks up to 15,810 Sq. Ft. of as-of-right residential buildable space (FAR 3.0). By leveraging the Urban Area Program (UAP), developers can expand this potential to an impressive 20,553 Sq. Ft., offering unmatched flexibility for a visionary residential development. The corner lot designation further enhances its value, allowing for 100% Lot Coverage Ratio to maximize design possibilities.Currently home to two single-family residences totaling 1,580 Sq. Ft., both properties will be delivered vacant, providing a clean slate for immediate redevelopment. Surrounded by a wave of modern developments, this site is perfectly positioned to capitalize on Gravesend's vibrant growth trajectory, fueled by strong housing demand and a dynamic community atmosphere. PROPERTY HIGHLIGHTS Prime Development Opportunity on Shore Parkway in Gravesend, Brooklyn Combined lot dimensions of 54'x100', located on a Corner. Zoned R6 WS, allowing 15,810 Sq. Ft. As-Of-Right. Both properties will be delivered vacant, allowing redevelopment flexibility. Additionally corner status will allow 100% Lot Coverage Ratio. Surrounded by new developments. 6-minute walk to Stillwell Ave & Bay 50th St Subway Station
Property Details
Property Type
- Land
Est. Annual Taxes
- $6,837
Lot Details
- 5,270 Sq Ft Lot
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,837 | $47,820 | $14,100 | $33,720 |
| 2024 | $6,837 | $50,640 | $14,100 | $36,540 |
| 2023 | $6,861 | $46,020 | $14,100 | $31,920 |
| 2022 | $5,704 | $43,500 | $14,100 | $29,400 |
| 2021 | $5,635 | $47,700 | $14,100 | $33,600 |
| 2020 | $4,252 | $47,160 | $14,100 | $33,060 |
| 2019 | $5,275 | $47,160 | $14,100 | $33,060 |
| 2018 | $2,211 | $28,154 | $7,442 | $20,712 |
| 2017 | $2,061 | $26,561 | $9,007 | $17,554 |
| 2016 | $1,884 | $25,058 | $11,259 | $13,799 |
| 2015 | $618 | $23,640 | $11,760 | $11,880 |
| 2014 | $618 | $23,640 | $11,760 | $11,880 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | Price Changed | $3,250,000 | +51.2% | -- |
| 08/04/2025 08/04/25 | For Sale | $2,150,000 | +218.5% | -- |
| 12/07/2022 12/07/22 | Sold | $675,000 | -12.2% | $657 / Sq Ft |
| 11/14/2022 11/14/22 | Pending | -- | -- | -- |
| 09/27/2022 09/27/22 | For Sale | $769,000 | -- | $748 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $675,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $60,000 | No Value Available |
Source: NY State MLS
MLS Number: 11548774
APN: 06940-0060
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