- For Sale $5,800,000
- Property Type Multi-Family
- Property Size 12,212 SF
- Units 9
- Lot Size 0.12 Acre
- Zoning R6, C1-3
- Year Built 1909
- Date Updated Jul 30, 2026
Description
• Vacant Eastern Parkway 41.5 Foot Wide 9-Unit
Apartment Building
• Excellent Redevelopment & Substantial Rehabilitation
Opportunity
• R6/C1-3 Zoning Allowing for approximately 2,977 SF of
Available Residential Air Rights
• $1,200/SF Condo Sell Out Value
• 10+ Foot Ceiling Heights Throughout
• Conforming Basement Unit w 10+ Foot Ceiling Height
• New Roof & New Floor Joists & Plywood Throughout
• 15 Minute Subway Ride into Manhattan | Express 3
Train Station on the Block
• Four Blocks to Prospect Park, Brooklyn Botanic Garden
& Brooklyn Museum
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Contacts
Matt Fotis
Marcus and Millichap
Location
Located at 554 Eastern Pkwy, Brooklyn, NY 11225, this property is part of the Crown Heights neighborhood and Brooklyn market.
Contact Listing Broker
Matt Fotis
Marcus and Millichap
