542-544 4th Ave 2 Multifamily Properties Offered at $11,267,840 CAD in Brooklyn, NY

Rare Brooklyn Development Opportunity Fourth Avenue | Park Slope / Gowanus
One of the Last Significant Development Assemblages Along Brooklyn’s Premier Growth Corridor
An exceptional opportunity to acquire a three-building assemblage in one of Brooklyn’s fastest-evolving residential corridors, ideally positioned at the intersection of Park Slope and Gowanus.
This offering consists of three bldgs on Fourth Avenue, providing approximately:
? 5,793 SF combined lot area
? Approximately 33,128 buildable SF as-of-right
? Up to approximately 39,873 buildable SF with Inclusionary Housing
? Three contiguous four-family buildings with substantial redevelopment potential.
This assemblage presents an outstanding opportunity for:
? Boutique luxury condominium development
? Mixed-use residential with ground-floor retail
? Luxury rental development
? Signature architectural project with premium residences
? Long-term institutional investment
The Fourth Avenue corridor continues to transform into one of Brooklyn’s most sought-after residential destinations, supported by rezoning initiatives encouraging medium- to higher-density mixed-use development while benefiting from immediate proximity to Park Slope’s established amenities.
? Rare three-lot assemblage
? Significant frontage along Fourth Avenue
? Steps from Park Slope
? Minutes to Prospect Park
? Multiple subway lines nearby
? Surrounded by acclaimed restaurants, cafés, boutiques, and neighborhood retail
? Located within one of Brooklyn’s most active development corridors
? Strong demand for luxury residential product
As Gowanus continues its transformation with substantial new residential investment, opportunities of this size and scale have become increasingly scarce.
Call today for more information.