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77 New Jersey Ave - 75-77 New Jersey Avenue, Brooklyn, NY 11207 Lot • Résidentiel • 5 000 Acres • 1 047 090 $ CAD • Brooklyn, NY 11207


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Faits saillants de l'investissement
- Free-Market Rental Development: R4 zoning permits unrestricted market-rate rents with no affordability overlays
- Strong Renter Demand: Cypress Hills affordability premium relative to adjacent neighborhoods drives sustained renter demand
- Exceptional Transit Access: Steps from Broadway Junction, with A/C, J/Z, and L subway lines serving Manhattan, Queens, and the broader borough
- Neighborhood Momentum: City-backed rezoning and infrastructure investment position the submarket for continued appreciation
Résumé de l'annonce
75-77 New Jersey Avenue presents a compelling ground-up development opportunity in Cypress Hills, one of Brooklyn’s most rapidly evolving neighborhoods. The assemblage is zoned R4, which permits as-of-right free-market residential rental or community facility construction — offering developers a clear, uncomplicated path to new multifamily housing without the complexities of inclusionary mandates or special permits.
The existing structure on site has reached the end of its useful life and will require full demolition prior to construction, providing a clean-slate canvas for a purpose-built, income-producing rental asset or community facility for both investment or owner use. With Broadway Junction less than a third of a mile away and strong subway access to Manhattan and the broader borough, the site benefits from exceptional transit connectivity that appeals to the modern renter profile and supports sustained occupancy and rent performance.
The existing structure on site has reached the end of its useful life and will require full demolition prior to construction, providing a clean-slate canvas for a purpose-built, income-producing rental asset or community facility for both investment or owner use. With Broadway Junction less than a third of a mile away and strong subway access to Manhattan and the broader borough, the site benefits from exceptional transit connectivity that appeals to the modern renter profile and supports sustained occupancy and rent performance.
Faits sur la propriété
1 Lot disponible
Lot
| Prix | 1 047 090 $ CAD | Taille du lot | 5 000,00 AC |
| Prix par AC | 209,42 $ CAD |
| Prix | 1 047 090 $ CAD |
| Prix par AC | 209,42 $ CAD |
| Taille du lot | 5 000,00 AC |
Description
The property is currently improved with an aging structure that is not economically viable for rehabilitation or adaptive reuse. Full demolition will be required before construction can commence.
1 1
Très accessible à pied
80/100
Relativement adapté aux voitures
20/100
Transports en commun exceptionnels
100/100
Moyennement accessible en vélo
60/100
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 205 622 $ CAD | |
| Évaluation du terrain | 171 142 $ CAD | Évaluation totale | 376 764 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
171 142 $ CAD
Évaluation des bâtiments
205 622 $ CAD
Évaluation totale
376 764 $ CAD
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77 New Jersey Ave - 75-77 New Jersey Avenue, Brooklyn, NY 11207
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