Seller's Agent in 2025
Joe Zhu
RE/MAX Edge
(347) 791-7011
15 in this area
90 Total Sales
264 60th St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated Value: $906,000 - $1,710,000
0.05
Acres
$23,329,241
Price per Acre
2,240
Sq Ft Lot
About This Lot
As of December 2025Prime development opportunity in Sunset Park, Brooklyn. Two adjacent lots-parking lot are available for sale, offering a rare investment opportunity in the heart of Sunset Park. They are ideal for residential or mixed-use development with generous FAR 2 zoning. The first property, located at 266 60th Street, has a lot size of 20 feet by 112 feet (2,240 square feet). It is zoned R6B with a FAR of 2, allowing for a potential buildable area of 4,480 square feet. The second property is a parking lot with a lot size of 20 feet by 100 feet (2,000 square feet). It is also zoned R6B with a FAR of 2, allowing for a potential buildable area of 4,000 square feet. Combined, these properties offer a total buildable area of 8,476 square feet. This opportunity offers flexible usage, making it ideal for residential or mixed-use development. It is situated in Sunset Park, a prime location close to major transit, industry hubs, and growing residential demand. The properties also present significant investment potential, allowing for the development of two properties simultaneously to maximize returns. Don’t miss this opportunity to invest in one of Brooklyn’s fastest-growing neighborhoods. Contact us today for more information and site tours.
Property Details
Property Type
- Land
Lot Details
- 2,240 Sq Ft Lot
- Lot Dimensions are 112 x 20
- Property is zoned r6b
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 17, 2025
Closed on
Dec 15, 2025
Sold by
Jsy Realty Development Llc
Bought by
264-266 60 St Llc
Seller's Agent
Joe Zhu
RE/MAX Edge
Buyer's Agent
Joe Zhu
RE/MAX Edge
List Price
$1,999,888
Sold Price
$900,000
Premium/Discount to List
-$1,099,888
-55%
Views
779
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,667
Avg. Annual Appreciation
113.04%
Original Mortgage
$900,000
Outstanding Balance
$896,551
Interest Rate
6.24%
Mortgage Type
New Conventional
Estimated Equity
$303,116
Purchase Details
Closed on
Sep 21, 2017
Sold by
Jsy Realty Development Llc
Bought by
Jsy Realty Development Llc
Purchase Details
Closed on
Dec 4, 2014
Sold by
Cheng Wan Ching
Bought by
Jsy Realty Development Llc
Purchase Details
Closed on
Mar 26, 2001
Sold by
Campanella Robert
Bought by
Cheng Wan Ching
Purchase Details
Closed on
Sep 4, 1998
Sold by
Wyn Realty Corp
Bought by
Campanella Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
16%
Purchase Details
Closed on
Jun 28, 1997
Sold by
Katz Erwin
Bought by
Wyn Realty Corp
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 264-266 60 St Llc | $900,000 | Judicial Title | |
| Jsy Realty Development Llc | -- | -- | |
| Jsy Realty Development Llc | $400,000 | -- | |
| Cheng Wan Ching | $78,000 | -- | |
| Campanella Robert | -- | Chicago Title Insurance Co | |
| Wyn Realty Corp | $8,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 264-266 60 St Llc | $900,000 | |
| Previous Owner | Campanella Robert | $30,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/15/2025 12/15/25 | Sold | $900,000 | -10.0% | -- |
| 06/23/2025 06/23/25 | Price Changed | $1,000,000 | -47.4% | -- |
| 03/30/2025 03/30/25 | Price Changed | $1,900,000 | -5.0% | -- |
| 03/17/2025 03/17/25 | For Sale | $1,999,888 | -- | -- |
| 03/17/2025 03/17/25 | Pending | -- | -- | -- |
Source: Brooklyn Board of REALTORS®
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 |
|---|---|---|---|---|
| 2026 | $3,728 | $20,820 | $20,820 | -- |
| 2025 | $3,541 | $21,900 | $21,900 | -- |
| 2024 | $3,541 | $20,460 | $20,460 | $0 |
| 2023 | $3,378 | $18,060 | $18,060 | $0 |
| 2022 | $3,272 | $17,760 | $17,760 | $0 |
| 2021 | $3,255 | $18,720 | $18,720 | $0 |
| 2019 | $3,073 | $14,700 | $14,700 | $0 |
| 2018 | $2,825 | $13,860 | $13,860 | $0 |
| 2017 | $2,785 | $13,660 | $13,660 | $0 |
| 2016 | $2,576 | $12,888 | $12,888 | $0 |
| 2015 | $1,554 | $12,888 | $12,888 | $0 |
| 2014 | $1,554 | $12,791 | $12,791 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Joe Zhu
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 490111
APN: 05780-0033
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