$1,300,000
SOLD MAY 13, 2025

315 E 29th St Brooklyn, NY 11226

Flatbush Neighborhood
0.03 Acre
$43,333,333 Price per Acre
4,000 Sq Ft Lot

Recently Sold

$693 Per Sq Ft

7% Below List Price

143 Days on Market

About This Lot

As of May 2025

Spanning a generous 40 x 100 feet, this development site offers the perfect canvas for your next project in a thriving urban environment. Located within an R6 zoning district, this property provides incredible flexibility for residential development. With a maximum usable floor area of 8,800 square feet, the potential is immense-whether you're envisioning a multi-family building, a boutique condominium, or a mixed-use development. This prime Brooklyn location ensures strong demand for any residential or mixed-use project, thanks to its proximity to vibrant commercial corridors, public transportation, and local amenities. The surrounding neighborhood is a blend of historic charm and modern conveniences, making it a highly desirable area for both residents and investors. Don't miss this rare opportunity to acquire a vacant lot with substantial development potential in Brooklyn. Whether you're an experienced developer or looking to make your mark on the Brooklyn skyline, this site offers the perfect starting point. Development site - Lot size - 40 x 100 - Zoning R6 - Max usable floor area 9,720 VACANT LOT **ALL INFO MUST BE VERIFIED BY BUYERS**

Last Agent to Sell the Property

Gidon Eichhorn

Renaissance Realty Cons Group Brokerage Phone: 347-886-4780 License #10401387571 Listed on: 07/12/2024

Last Buyer's Agent

Gidon Eichhorn

Renaissance Realty Cons Group Brokerage Phone: 347-886-4780 License #10401387571 Listed on: 07/12/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,477

Year Built

  • Built in 1899

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100
  • Wooded Lot

Schools

  • Brooklyn Arts And Science Elementary School
  • Brooklyn Institute For Liberal Arts Middle School
  • Brooklyn Academy Of Sci & Environ High School

Listing and Financial Details

  • Legal Lot and Block 78 / 5195
  • Assessor Parcel Number 05195-0078

Property Details

Property Type

Land

Est. Annual Taxes

$6,477

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Land
  • Property SubType: Unimproved Land
  • Year Built: 1899
  • Attribution Contact: 347-886-4780
  • CurrentPrice: 1300000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 0.92857
  • ListPrice_By_LotSizeAcres: 43333333.3333
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement YN: No

Exterior Features

  • Frontage Length: 40
  • Pool Private: No
  • Spa: No

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle School: Brooklyn Institute For Liberal Arts

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 4000
  • Lot Features: Wooded
  • Parcel Number: 05195-0078
  • Additional Parcels: No
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 6477
  • Tax Block: 5195
  • Tax Lot: 78

MLS Schools

  • Elementary School: Brooklyn Arts And Science Elementary
  • High School: Brooklyn Academy Of Sci & Environ

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
May 13, 2025
Sold by
Shareestates Intercap Line Llc and Sharestates Intercap Line Llc
Bought by
315 East 29 Holdings Llc
Seller's Agent
Gidon Eichhorn
Renaissance Realty Cons Group
Buyer's Agent
Gidon Eichhorn
Renaissance Realty Cons Group
List Price
$1,400,000
Sold Price
$1,300,000
Premium/Discount to List
-$100,000
-7.14%
Views
2
Current Estimated Value
$1,109,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$190,018
Avg. Annual Appreciation
-21.58%
Original Mortgage
$3,150,000
Outstanding Balance
$3,133,142
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$2,023,160

Purchase Details

Closed on
Oct 18, 2024
Sold by
Borchert Esq. Helmut
Bought by
Sharestates Intercap Line Llc

Purchase Details

Closed on
May 4, 2017
Sold by
Julmice Junette
Bought by
315 East 29 Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2003
Sold by
Alberick Elizabeth and Pollas Robert
Bought by
Lochard Rolande B

Purchase Details

Closed on
Nov 15, 1995
Sold by
Pierre Annette and Pierre Eugene
Bought by
Pollas Robert and Alberick Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,450
Interest Rate
7.33%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,075,000 --
Deed $1,075,000 --
Deed $500 --
Deed $500 --
Deed $210,000 --
Deed $210,000 --
Deed $210,000 --
Deed $240,000 --
Deed $240,000 --
Deed $151,000 Commonwealth Land Title Ins
Deed $151,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,150,000 Purchase Money Mortgage
Closed $3,150,000 Purchase Money Mortgage
Previous Owner $210,000 New Conventional
Previous Owner $143,450 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2025 05/13/25 Sold $1,300,000 -7.1% $693 / Sq Ft
12/02/2024 12/02/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $1,400,000 -- $746 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

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 $6,477 $66,540 $22,920 $43,620
2024 $6,477 $78,180 $22,920 $55,260
2023 $6,490 $68,580 $22,920 $45,660
2022 $6,022 $57,660 $22,920 $34,740
2021 $5,994 $63,240 $22,920 $40,320
2020 $7,400 $47,340 $22,920 $24,420
2019 $5,621 $47,340 $22,920 $24,420
2018 $5,429 $26,630 $12,992 $13,638
2017 $5,124 $25,137 $11,796 $13,341
2016 $4,745 $23,736 $15,037 $8,699
2015 $2,860 $23,736 $12,903 $10,833
2014 $2,860 $22,394 $10,351 $12,043
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2025

    Gidon Eichhorn

    Renaissance Realty Cons Group

    (347) 886-4780

    3 in this area

    7 Total Sales

    Gidon Eichhorn
    Section Image
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Map

Source: OneKey® MLS

MLS Number: L3565354

OneKey® MLS

APN: 05195-0078

New York Kings County Brooklyn 11226 Flatbush

315 E 29th St, Brooklyn, NY

Sold

Lots

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