$7,200,000

Estimated payment $40,226/month

Total Views 3,835
0.15 Acre
$48,000,000 Price per Acre
6,375 Sq Ft Lot

About This Lot

Lot for Sale – Prime Development Opportunity

Rare opportunity to acquire a 6,375 sq ft corner lot (75' x 85') zoned R6A/C2-3, with planning for a mixed-use development consisting of 30 residential condominium units and 1 commercial storefront. Total buildable area is approximately 25,000–28,000 sq ft.

Located in a high-demand neighborhood, this site offers excellent potential for developers and investors looking to capitalize on strong residential and retail markets. A promising project in a thriving area—don't miss out.

Listing Agent

Hang Chen

RE/MAX Real Estate Professionals License #10401288321 Listed on: 07/01/2025

RE/MAX Real Estate Professionals

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,383

Year Built

  • Built in 1925

Lot Details

  • 6,375 Sq Ft Lot
  • Lot Dimensions are 85 x 75
  • Property is zoned R6A

Listing and Financial Details

  • Tax Block 5550

Property Details

Property Type

Land

Est. Annual Taxes

$22,383

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue O
  • Cross Street Name2: West 12th St
  • Property Sub Type: Land
  • Prop. Type: Land
  • Street Name I D X: Bay
  • Street Number I D X: 6414
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Lot Sq Ft: 6375

Exterior Features

  • Lot Number: 36

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 85
  • Lot Size Width: 75
  • Zoning: R6A

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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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

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 $22,383 $268,200 $67,050 $201,150
2024 $22,383 $260,100 $67,050 $193,050
2023 $20,447 $229,950 $67,050 $162,900
2022 $14,207 $211,500 $67,050 $144,450
2021 $17,449 $173,250 $67,050 $106,200
2020 $13,087 $181,800 $67,050 $114,750
2019 $17,222 $163,800 $67,050 $96,750
2018 $15,803 $150,300 $67,050 $83,250
2017 $15,424 $146,700 $67,050 $79,650
2016 $18,462 $174,600 $67,050 $107,550
2015 $13,020 $196,650 $67,050 $129,600
2014 $13,020 $227,250 $67,050 $160,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 For Sale $7,200,000 -- --
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $950,000 --
Deed -- --
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 493887

Brooklyn Board of REALTORS®

APN: 05550-0036