Price Reduced 4.80%

$1,190,000 ($1,383.72 per sqft)

Est. Mortgage $5,708/mo *

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Listing courtesy of Compass (212) 913-9058

Price History

$1,250,000
6/26/2025

$1,190,000
8/1/2025

464 E New York Avenue, Brooklyn, (Wingate), NY, 11225

464 E New York Avenue, Brooklyn, (Wingate), NY, 11225
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4 rooms

2 beds

1 Full baths

1899

860 sqft

Development Opportunity in Wingate – Bordering Prospect Lefferts Gardens Located at the intersection of vibrant Wingate and charming Prospect Lefferts Gardens, this 20 ft x 100 ft lot presents an exceptional opportunity for developers or end users with vision. Whether you're looking to build your dream residence or invest in a project with serious potential, this property delivers on all fronts. This legal two-family home, currently configured as a single-family, boasts a generous Residential FAR of 2.43 and Facility FAR of 4.8, allowing for a maximum usable floor area of 4,860 square feet. With just 860 square feet currently built, there are over 4,000 square feet of unused FAR—an ideal canvas for expansion or redevelopment. Set on a tree-lined street, the property enjoys the best of both worlds: the residential tranquility of Wingate and the vibrant culture of Prospect Lefferts Gardens. Just a short distance away is Hamlet Coffee Company, a local favorite known for its exceptional coffee and cozy neighborhood vibe, along with other shops, green spaces, and convenient transit options. Whether you're a seasoned developer in search of your next project or an end user ready to design a personalized home in one of Brooklyn’s most promising enclaves, 464 E New York Ave is full of untapped potential.

Status:

Active

Town:

Brooklyn

Type:

Multi-family

Furnished Remarks:

Unfurnished

Laundry Remarks:

See Remarks

Units:

2

Levels:

2

Lot Size:

20.000000x100.000000

Est. Taxes:

$3,372

Pet Policy:

Building No, No

Appliances:

Dryer, Washer

MLS #:

RLS20033484

Community Info

School Info

Walk Score

Mass Transit

Yelp

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