633 New York Ave
- Corner development opportunity in the Wingate neighborhood of Brooklyn.
- The property sits on a 28,558 SF lot with approximately 200 feet of frontage and currently has a 2,109 SF commercial building.
- Zoned R6, allowing approximately 74,290 SF of buildable area as-of-right and up to 111,376 SF under UAP, offering significant development potential.
- Property will be delivered vacant, providing flexibility for redevelopment.
- Located within an Opportunity Zone, offering potential tax benefits for eligible investors.
- Proposed plans are available upon request.
- Conveniently located near Winthrop Street (2, 5 trains) and Sterling Street (2, 5 trains).
Property Description
Presenting an exceptional opportunity to own a prime property in the heart of Brooklyn’s thriving East Flatbush neighborhood. 633 New York Avenue offers a well-maintained building situated on a desirable block with excellent accessibility and strong neighborhood appeal. The property features a flexible layout suitable for a variety of professional, medical, or mixed-use purposes. Its strategic location provides high visibility and steady pedestrian and vehicular traffic, making it ideal for both owner-users and investors. Conveniently positioned near Church Avenue, Linden Boulevard, and major transportation routes, this property ensures easy access throughout Brooklyn and to Manhattan. The surrounding area is a vibrant community hub with residential density, local businesses, and institutional anchors.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $19,000,000 |
| No. of Units: | 2 |
| Year Built: | 1931 |
| Lot Size: | 0.66 Acres |
| Opportunity Zone: | No |
| Price per unit: | $9,500,000 |
| Property Website | Click Here |
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