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436 97th St
Brooklyn, NY 11209
Land For Sale
·
0.29 AC
INVESTMENT HIGHLIGHTS
- This 19,040 BSF development site in Bay Ridge offers prime multi-family potential in one of Brooklyn’s most desirable neighborhoods.
- Proximity to scenic waterfront parks, vibrant retail corridors, and major roadways such as the Belt Parkway for easy regional access.
- Convenient access to public transportation includes the R train at 95th Street and multiple bus lines, ensuring excellent connectivity to Manhattan.
- Ideal site for a condo development where sellouts can achieve over $1,100/SF.
EXECUTIVE SUMMARY
Opportunity to acquire a development site in Bay Ridge, 19,040 buildable square foot residential development site located on the south side of 97th Street between 4th Avenue and Fort Hamilton Parkway. The property offers 90 feet of street frontage and is positioned in a well-established neighborhood known for strong demographics and community amenities. Convenient access to public transportation includes the R train at 95th Street and multiple bus routes, with major roadways such as the Belt Parkway nearby for regional connectivity. The site is surrounded by waterfront parks, retail corridors, and schools, making it an attractive location for future residential development.
PROPERTY FACTS
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.29 AC |
| Property Type | Land | Year Built | 2008 |
| Property Subtype | Commercial | ||
| Zoning | R5B BR - low-density residential district | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.29 AC |
| Year Built | 2008 |
| Zoning | R5B BR - low-density residential district |
1 LOT AVAILABLE
Lot
| Price | $6,888,650 CAD | Lot Size | 0.29 AC |
| Price Per AC | $23,640,572.49 CAD |
| Price | $6,888,650 CAD |
| Price Per AC | $23,640,572.49 CAD |
| Lot Size | 0.29 AC |
Residential development site totaling 12,693 square feet with approximately 19,040 buildable square feet, ideally situated in Bay Ridge for future condominium development.
DESCRIPTION
Prime residential development site located in the heart of Bay Ridge, Brooklyn. Spanning approximately 19,040 buildable square feet, the property offers 90 feet of frontage on 97th Street.
PROPERTY TAXES
| Parcel Number | 06127-0032 | Improvements Assessment | $89,093 CAD |
| Land Assessment | $654,176 CAD | Total Assessment | $743,269 CAD |
PROPERTY TAXES
Parcel Number
06127-0032
Land Assessment
$654,176 CAD
Improvements Assessment
$89,093 CAD
Total Assessment
$743,269 CAD
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