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464 East New York Avenue, Brooklyn, NY 11225

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For Sale

$1,250,000

2 beds • 1 baths • 860 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $1,453.49
    Price per square foot

Explore this Property

Development Opportunity in Wingate Bordering Prospect Lefferts Gardens Located at the intersection of vibrant Wingate and the charming Prospect Lefferts Gardens neighborhood, 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 nearby 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.
MLS# 11525453

Courtesy Of Compass

(973) 919-9448

Property Features

  • Amenities
    Garden
  • Architecture Style
    Other

Map and Directions

Directions to 464 East New York Avenue, Brooklyn, NY 11225

Home seller CENTURY 21 Parisi Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Parisi Realty

(631) 669-3900
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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