702 44th Street

Address: 702 44th Street, Brooklyn, New York, US

New York & Tri-State + Apartments

Created date: November 21, 2023

Date last updated: November 21, 2023

6-story, 52,000 SF residential redevelopment opportunity on the southeast corner of 7th Avenue and 44th Street

Vacant since a 2019 fire, the structure was formerly made up of 54 residential units totaling 46,997 net SF and had condo sellouts north of $900/SF

As-of-right BSF of 38,565, however because there is a structure in place, developers have the opportunity to redevelop the 52,000 existing SF

In the heart of Sunset Park, directly across from the park and across the street from P.S. 169. One block from the prime retail corridor on 8th Avenue

The 36th Street N/R train station & the 9th Ave D train station are both 0.5 miles away and provide access to Manhattan in under 30 minutes

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Key Property Information

Listing Status:	Available
Listing Type:	Highest & best offer
Multifamily type:	Apartments
Price:	$9,950,000
No. of Units:	54
Building Size:	52,000 Sq ft
Lot Size:	12,020.00 Sq ft
No. of Stories:	6
Opportunity Zone:	No
Price per unit:	$184,259