8729 20th Avenue, Brooklyn, NY 11214
Local realty services provided by:CENTURY 21 Homefront
8729 20th Avenue,Brooklyn, NY 11214
$3,500,000
- 0.16 Acres
- Lots / Land
- Pending
Listed by: anthony franzese
Office: madisonestates sothebys realty
MLS#:490741
Source:BROOKLYN
Price summary
- Price:$3,500,000
About this home
Prime Development Opportunity in Bensonhurst.
Unlock the full potential of this exceptional development site, now benefiting from the newly approved City of Yes for Housing Opportunity zoning changes. This Qualifying Residential Site is located in an R5 zone and now allows for a 2.0 Floor Area Ratio (FAR), providing approximately 13,534 buildable square feet on a 6,767 sq ft lot with an impressive 70-foot frontage. Copyrighted proposed plans—available upon request—envision a five-story, 20-unit residential building and qualify for a parking requirement waiver, offering significant development flexibility and efficiency.
Situated just minutes away from the 20th Avenue D train station, the property offers excellent transit access and is surrounded by the vibrant amenities of 86th Street's shopping and dining corridor, as well as close proximity to the Gravesend Bay waterfront, parks and schools. The existing structure is a 2.75-story mixed-use building currently classified as Primarily One-Family with Store or Office (currently a community facility).
This is a rare opportunity to capitalize on one of South Brooklyn’s most transit-connected and amenity-rich neighborhoods, while taking advantage of NYC’s push for smart, sustainable residential growth. Proposed architectural plans are copyrighted and will be shared with qualified buyers.
Disclaimer: This sale may be subject to approval by the Attorney General and Supreme Court pursuant to the Not-for-Profit Corporation Law, if required....
Contact an agent
Home facts
- Year built:1910
- Listing ID #:490741
- Added:381 day(s) ago
- Updated:April 26, 2026 at 07:14 AM
Rooms and interior
- Living area:5,824 sq. ft.
Structure and exterior
- Year built:1910
- Building area:5,824 sq. ft.
- Lot area:0.16 Acres
- Levels:3 Stories
Finances and disclosures
- Price:$3,500,000
New listings near 8729 20th Avenue
- New
$499,000Active1 beds 1 baths615 sq. ft.1670 E 19th Street #6A, Brooklyn, NY 11229
MLS# RLS20086789Listed by: SERHANT - New
$1,370,000Active-- beds 2 baths832 Willoughby Avenue, Brooklyn, NY 11206
MLS# 500866Listed by: EFOCUS TEAM REAL ESTATE INC - New
$969,900Active3 beds 2 baths1,531 sq. ft.1500 Bedford Avenue #1E, Brooklyn, NY 11216
MLS# 500870Listed by: NY HOME VENTURES - New
$369,999Active2 beds 1 baths1,000 sq. ft.2475 W 16th Street #18-G, Brooklyn, NY 11214
MLS# RLS20086786Listed by: KELLER WILLIAMS REALTY EMPIRE - New
$1,575,000Active5 beds 4 baths3,000 sq. ft.1515 East 15th Street, Brooklyn, NY 11230
MLS# 500869Listed by: MAXIMILLION REALTY, INC. - New
$469,999Active1 beds 1 baths900 sq. ft.221 Mcdonald Avenue #4n, Brooklyn, NY 11218
MLS# 500859Listed by: KELLER WILLIAMS REALTY EMPIRE - New
$1,990,000Active-- beds 8 baths4415 Atlantic Avenue, Brooklyn, NY 11224
MLS# 500860Listed by: A P SERVICES INC - New
$1,200,000Active-- beds -- baths1486 Eastern Parkway, Brooklyn, NY 11233
MLS# 990659Listed by: KELLER WILLIAMS LEGENDARY - New
$1,988,000Active-- beds -- baths2,400 sq. ft.727 53rd Street, Brooklyn, NY 11220
MLS# 990650Listed by: EMPIRE STATE REALTY GROUP NY - Open Sun, 11am to 1pmNew
$748,000Active1 beds 2 baths623 sq. ft.282 21st Street #2c, Brooklyn, NY 11215
MLS# 2602242Listed by: SI PREMIERE PROPERTIES