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About This Home
This land at 1167 Rogers Avenue lot: 55 in Brooklyn, NY is listed for $3,499,000 (0.14 acres).
Exceptional development opportunity in the heart of Flatbush. This 5,962-square-foot lot is improved with a single-story commercial building currently leased to a church through February 2027, providing income while plans for future development are evaluated.
Situated on a wide street within an R6 zoning district, the property offers significant redevelopment potential. The zoning permits up to a 3.0 residential FAR (26 apartments), with the potential for up to a 4.8 FAR for community facility use. The site is well positioned within a vibrant residential neighborhood with convenient access to transportation, shopping, and local amenities. Developers, investors, and institutional users will appreciate the flexibility afforded by the site's zoning and location.
Key Features
- Built in 1933
- 0.14 acre lot
Property Details
Location
1167 Rogers Avenue lot: 55
Brooklyn, NY 11226
Questions & Answers
This 0-bedroom, 0-bathroom land at 1167 Rogers Avenue lot: 55 is listed at $3,499,000 ($587/sqft). The estimated monthly payment is $15,162 based on 20% down at 6.5% interest.
Key features include: Built in 1933, 0.14 acre lot.
This property is listed by Michael B. Drazner and can be reached at (718) 763-4110 or drazrealtor@gmail.com.
