Investment Overview
Presenting an exceptional opportunity to own a prime property in the heart of Brooklyn’s thriving East Flatbush neighborhood. 633 New York Avenue offers a well-maintained building situated on a desirable block with excellent accessibility and strong neighborhood appeal.
The property features a flexible layout suitable for a variety of professional, medical, or mixed-use purposes. Its strategic location provides high visibility and steady pedestrian and vehicular traffic, making it ideal for both owner-users and investors.
Conveniently positioned near Church Avenue, Linden Boulevard, and major transportation routes, this property ensures easy access throughout Brooklyn and to Manhattan. The surrounding area is a vibrant community hub with residential density, local businesses, and institutional anchors.
Investment Highlights
- Corner development opportunity in the Wingate neighborhood of Brooklyn.
- The property sits on a 28,558 SF lot with approximately 200 feet of frontage and currently has a 2,109 SF commercial building.
- Zoned R6, allowing approximately 74,290 SF of buildable area as-of-right and up to 111,376 SF under UAP, offering significant development potential.
- Property will be delivered vacant, providing flexibility for redevelopment.
- Located within an Opportunity Zone, offering potential tax benefits for eligible investors.
- Proposed plans are available upon request.
- Conveniently located near Winthrop Street (2, 5 trains) and Sterling Street (2, 5 trains).