4223 2nd Ave Brooklyn, NY 11232
Sunset Park NeighborhoodEstimated payment $28,245/month
About This Lot
Introducing a rare and distinguished commercial opportunity in the heart of Sunset Park.
Situated on the prominent corner of 2nd Avenue and 43rd Street, this property commands attention with exceptional visibility, wide street frontage, and a strong architectural presence. The freestanding two-story masonry building offers approximately 2,760 sq ft of versatile space, ideal for office, retail, creative, or flex industrial uses.
A defining feature of this asset is the expansive open lot, providing a large parking area and generous outdoor operations space. perfect for truck staging, fleet parking, loading, equipment placement, or future expansion—is increasingly rare in the Sunset Park industrial corridor and significantly elevates both operational flexibility and long-term redevelopment potential.
Set on an impressive 8,014 sq ft corner parcel with wide, clean dimensions of 100.17 ft × 80 ft, the property lies within M1-2 zoning, allowing up to 16,028 buildable sq ft . Large, high-exposure corner sites with such substantial buildable potential are exceptionally limited in this rapidly evolving district.
The site supports an array of premium development concepts, including modern flex industrial, a creative office campus, showroom with warehouse, boutique self-storage, production or content studios, or a flagship logistics center. The combination of corner exposure, broad lot dimensions, and a large outdoor yard enhances design opportunities and accommodates both small- and large-scale visions.
Its superb location—just minutes from Industry City, the Brooklyn Army Terminal, the BQE, makes it ideal for businesses requiring strong transportation connectivity. Demand for high-quality commercial and industrial space in this corridor continues to grow.
This property represents a rare chance to secure a substantial corner lot with exceptional flexibility, major upside potential, and enduring value for developers, investors, and owner-users.
Property Details
Property Type
- Land
Lot Details
- 8,000 Sq Ft Lot
- Lot Dimensions are 80 x 100
- Property is zoned M1-2 i
Interior Spaces
- 2-Story Property
Listing and Financial Details
- Tax Block 722
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 |
|---|---|---|---|---|
| 2026 | $25,038 | $238,950 | $108,000 | $130,950 |
| 2025 | $24,404 | $232,650 | $108,000 | $124,650 |
| 2024 | $24,404 | $230,400 | $108,000 | $122,400 |
| 2023 | $28,763 | $276,300 | $108,000 | $168,300 |
| 2022 | $28,700 | $266,850 | $108,000 | $158,850 |
| 2021 | $24,735 | $231,300 | $108,000 | $123,300 |
| 2020 | $426 | $295,200 | $108,000 | $187,200 |
| 2019 | $27,526 | $281,250 | $108,000 | $173,250 |
| 2018 | $26,806 | $265,950 | $108,000 | $157,950 |
| 2017 | $25,104 | $261,900 | $108,000 | $153,900 |
| 2016 | $23,621 | $252,900 | $108,000 | $144,900 |
| 2015 | $16,583 | $279,450 | $108,000 | $171,450 |
| 2014 | $16,583 | $247,050 | $108,000 | $139,050 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/05/2026 04/05/26 | Price Changed | $4,900,000 | -2.0% | $213,043 / Sq Ft |
| 01/28/2026 01/28/26 | Price Changed | $4,999,999 | -3.8% | $217,391 / Sq Ft |
| 11/29/2025 11/29/25 | For Sale | $5,200,000 | -- | $226,087 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,750,000 | -- | |
| Deed | $1,750,000 | -- | |
| Deed | $350,000 | -- | |
| Deed | $350,000 | -- | |
| Bargain Sale Deed | $35,000 | -- | |
| Bargain Sale Deed | $35,000 | -- | |
| Bargain Sale Deed | -- | -- | |
| Bargain Sale Deed | -- | -- | |
| Bargain Sale Deed | -- | -- | |
| Bargain Sale Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $840,000 | Purchase Money Mortgage | |
| Closed | $840,000 | Purchase Money Mortgage |
Source: Brooklyn Board of REALTORS®
MLS Number: 497623
APN: 00722-0001
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