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702 44th St
Brooklyn, NY 11220
One Sunset Park · Multifamily Property For Sale
·
54 Units
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
| Price Per Unit | $253,860 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.28 AC |
| Sale Condition | Redevelopment Project | Construction Status | Under Renovation |
| No. Units | 54 | Building Size | 52,000 SF |
| Property Type | Multifamily | No. Stories | 6 |
| Property Subtype | Apartment | Year Built/Renovated | 1931/2025 |
| Apartment Style | Mid-Rise | ||
| Zoning | R6 - Medium density residential district | ||
| Price Per Unit | $253,860 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 54 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Construction Status | Under Renovation |
| Building Size | 52,000 SF |
| No. Stories | 6 |
| Year Built/Renovated | 1931/2025 |
| Zoning | R6 - Medium density residential district |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Oven
- Range
- Tub/Shower
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