Improved Residential Land for Sale in Brooklyn, New York

497-501 Avenue Y Brooklyn, NY 11223

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0.23 Acres of Improved Residential Land for Sale in Brooklyn, New York
1 / 1
$8,950,000
0.23 acres
Active sale agoEst $57,567/mo

Introducing 497-501 Avenue Y an expansive 100 100 corner property right off ocean parkway & east 3rd street. This sale comprises of the 2 adjacent lots a 40 100+60x100 totaling 100 100The 40 100 lot has a legal 2600sqFt brick two family with a full basement & two detached garages in the back. The property is in good condition and will be delivered vacant on the sale.The lots are both zoned R4 with .75FAR but goes up to 2FAR with a CF & potentially more with a variance. Caveat Emptor applies, buyers are expected to due full DD regarding zoning & permitted land use.

2,600
Sq feet

Location

Street Address
497-501 Avenue Y
County
Kings County
Community
Gravesend
Elevation
10 feet
Coordinates
40.5889, -73.9675
Land for sale in New York

Property details

MLS Number
MyStateMLS 11249204
Date Posted

Resources

This 0.23-acre property is located at 497-501 Avenue Y in Brooklyn, NY 11223 with latitude 40.5889 and longitude -73.9675. The property is currently available for sale for $8,950,000. It has a 2,600 sq ft structure. Listing data is sourced from My State MLS # 11249204.

Verify sale details at the property source or contact Oxford Property Group at (212) 300-6412.

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Copyright (C) 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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