464 East New York Avenue
Brooklyn, NY 11225

Cross street:Lincoln Road

Building

Type:House
Era:Post-war
Floors:2

Property

Ownership: Single Family
Rooms: 4
Bedrooms: Studio
Pets: Pets Unknown

Financials

Price:$1,250,000
Real estate tax:$3,372
578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Compass

Description

Development Opportunity in Wingate – Bordering Prospect Lefferts Gardens Located at the intersection of vibrant Wingate and charming Prospect Lefferts Gardens, this 20 ft x 100 ft lot presents an exceptional opportunity for developers or end users with vision. Whether you're looking to build your dream residence or invest in a project with serious potential, this property delivers on all fronts. This legal two-family home, currently configured as a single-family, boasts a generous Residential FAR of 2.43 and Facility FAR of 4.8, allowing for a maximum usable floor area of 4,860 square feet. With just 860 square feet currently built, there are over 4,000 square feet of unused FAR—an ideal canvas for expansion or redevelopment. Set on a tree-lined street, the property enjoys the best of both worlds: the residential tranquility of Wingate and the vibrant culture of Prospect Lefferts Gardens. Just a short distance away is Hamlet Coffee Company, a local favorite known for its exceptional coffee and cozy neighborhood vibe, along with other shops, green spaces, and convenient transit options. Whether you're a seasoned developer in search of your next project or an end user ready to design a personalized home in one of Brooklyn’s most promising enclaves, 464 E New York Ave is full of untapped potential.

Amenities

Garden;

  • Garden
  • Walk-up

Neighborhood

Development Opportunity in Wingate Bordering Prospect Lefferts Gardens Located at the intersection of vibrant Wingate and charming Prospect Lefferts Gardens, this 20 ft x 100 ft lot presents an exceptional ...


OLR IDX

RLS Data display by Nest Seekers LLC.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.