$1,499,000

Estimated payment $8,247/month

Total Views 154
0.09 Acre
$16,328,976 Price per Acre
4,000 Sq Ft Lot

About This Lot

SHOVEL-READY 421-a DEVELOPMENT SITE – EAST FLATBUSH 895–893 Lenox Road presents a rare opportunity to acquire a fully approved, subdivided R6 development site with confirmed 421-a footing already in place. 40’ x 100’ lot split into two buildable parcels with approved plans for a 6-family and 7-family building totaling approximately 8,800 BSF. Skip the entitlement process and move directly toward execution. Strong rental location with continued residential demand and long-term upside. Projects with approvals and confirmed 421-a benefits are increasingly limited.

Listing Agent

Zalman Pavel

Zalman L. Pavel License #10351218852 Listed on: 02/23/2026

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,286

Lot Details

  • 4,000 Sq Ft Lot
  • Property is zoned R6

Schools

  • Ps 114 Ryder Elementary School
  • Brooklyn Science And Engineering Aca Middle School
  • Acad For Conservation & Environment High School

Listing and Financial Details

  • Assessor Parcel Number 04641-0026

Property Details

Property Type

Land

Est. Annual Taxes

$6,286

Lot Details

4,000 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Current Use: Multi-Family
  • CurrentPrice: 1499000.00
  • MlsMajorChangeType: New Listing
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 16328976.0349
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer: Public Sewer

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Brooklyn Science And Engineering Aca

Lot Info

  • Lot Size Acres: 0.0918
  • Lot Size Sq Ft: 4000
  • Parcel Number: 04641-0026
  • Zoning: R6

Tax Info

  • Tax Annual Amount: 6285.88
  • Tax Year: 2025

MLS Schools

  • Elementary School: Ps 114 Ryder Elementary
  • High School: Acad For Conservation & Environment
  • Middle School District: Brooklyn 18

Map

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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 $6,077 $52,980 $21,360 $31,620
2024 $6,077 $50,640 $21,360 $29,280
2023 $6,145 $52,740 $22,260 $30,480
2022 $5,994 $47,100 $22,260 $24,840
2021 $5,961 $36,900 $22,260 $14,640
2020 $2,796 $30,840 $22,260 $8,580
2019 $5,275 $34,080 $22,260 $11,820
2018 $5,140 $25,214 $15,565 $9,649
2017 $5,101 $25,021 $16,786 $8,235
2016 $4,719 $23,605 $16,777 $6,828
2015 $2,627 $22,270 $16,230 $6,040
2014 $2,627 $21,012 $14,053 $6,959
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2026 02/23/26 For Sale $1,499,000 0.0% --
09/18/2017 09/18/17 Rented $1,700 0.0% --
05/23/2017 05/23/17 Under Contract -- -- --
05/23/2017 05/23/17 For Rent $1,700 -- --
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Deed $999,999 --
Deed -- --
Deed -- --
Deed $550,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $749,999 Purchase Money Mortgage
Previous Owner $17,292 Purchase Money Mortgage
Previous Owner $412,500 Purchase Money Mortgage
Source: Public Records

Source: OneKey® MLS

MLS Number: 963016

OneKey® MLS

APN: 04641-0026

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