647, 649, & 651 Pine St

Property feature image
Address: 647, 649, & 651 Pine St
New York & Tri-State + Land/Development
Created date: June 29, 2026
Date last updated: July 14, 2026
Price: $1,499,999Investment Analyzer NEW!
  • Development assemblage opportunity in the East New York neighborhood of Brooklyn.
  • The assemblage consists of three contiguous lots of approximately 6,000 SF of combined lot area, including two vacant lots (each with approximately 3,000 BSF) along with a two-family building that will be delivered vacant and in need of a full gut renovation, offering a combined development footprint with significant flexibility for repositioning or ground-up redevelopment.
  • Zoned R5, the properties allow for approximately 6,000 buildable SF, with an additional 1,400 SF of unused FAR, presenting a compelling opportunity for residential redevelopment or expansion beyond the existing built condition.
  • The assemblage benefits from efficient lot dimensions and strong redevelopment potential in a neighborhood experiencing continued public and private investment and growth.
  • Conveniently located near the New Lots Avenue Station (IRT New Lots Line) and Pennsylvania Avenue Station (3 train), providing direct access to Downtown Brooklyn and Manhattan.

Property Description

Asset CRG Advisors, LLC has been exclusively retained to market 647, 649, & 651 Pine St., a development assemblage opportunity located in the East New York neighborhood of Brooklyn. The assemblage consists of three contiguous lots totaling approximately 6,000 square feet of combined lot area, including two vacant lots (each approximately 3,000 buildable square feet) along with a two-family building that will be delivered vacant and in need of a full gut renovation, providing a flexible footprint for repositioning or ground-up redevelopment. Zoned R5, the properties allow for approximately 6,000 buildable square feet, with an additional 1,400 square feet of unused FAR, presenting a compelling opportunity for residential development or expansion beyond the existing built condition. The assemblage benefits from efficient lot dimensions and strong redevelopment potential in a neighborhood experiencing continued public and private investment and growth.
Unavailable

Request Information

Broker Details

Sadya Liberow
Sadya Liberow

Asset CRG Advisors, LLC. (347) 762-4055

New call-to-action

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Land/Development
Price: $1,499,999
Lot Size: 0.14 Acres
Opportunity Zone: No
Property Website Click Here
Address: 647, 649, & 651 Pine St, Brooklyn, NY 11208, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

1425 Harding Hwy.

1425 Harding Hwy.

Franklin Township, New Jersey
New York & Tri-State + Land/Development
3316 Beebe Road

3316 Beebe Road

Newfane, New York
New York & Tri-State + Land/Development
Price: $550,000
8340-8350 Oliver Road

8340-8350 Oliver Road

Erie, Pennsylvania
New York & Tri-State + Land/Development
Units: 1
Price: $840,000

Brokers

View All

Lenders

View All

Management

View All
Login
or
Sign up