52,000 SF Residential Redevelopment Opportunity

$9,950,000

702 44th Street, Brooklyn, NY 11220

For Sale

Development

Active

Last Updated: 12/07/2023

Building Size: 52,000 sqft

Lot Area: 12,020 sqft

Units: 54

Zoning: R7A/R6B

Floor: 6

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

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