417 Maple St - Residential LAND FOR SALE


Brooklyn, NY 11225- East Flatbush3,999 SF
$2,400,000 USD
917-623-6331
417 Maple St, Brooklyn, NY for Sale
$2,400,000 USD
Residential LAND - FOR SALE
1/21
3,999 SF

417 Maple St
Brooklyn, NY 11225
East Flatbush


OVERVIEW

Welcome to 417 Maple Street - a fully gut-renovated, income-producing property on a large 40 × 100 ft lot in Crown Heights. This unique offering includes two spacious rental units, each featuring 3 large bedrooms and 2 full bathrooms, modern finishes, and strong existing rental income. The property is nicely gated and also offers a very large backyard, providing excellent outdoor space for tenants or future enhancements. The property includes rare parking amenities: a 4-car garage in the rear, plus an additional front garage with storage space - all of which can be rented out for excellent supplemental income. Beyond its current cash flow, the property sits in an R6 zoning district and is significantly underbuilt, giving buyers major long-term upside. Developers will appreciate the substantial unused buildable square footage available on this 40 × 100 ft lot. Depending on the development approach, future projects could potentially achieve: • Approx. 8,800 sq ft under the Quality Housing Program • Approx. 9,720 sq ft under standard Height Factor zoning • Up to approx. 12,000 sq ft with Voluntary Inclusionary Housing participation This makes 417 Maple Street a rare opportunity for both investors and developers - a fully renovated, high-income property today with the ability to support a much larger multi-unit development in the future. Ideal for buyers seeking immediate rental income, flexible parking revenue, a nicely gated and very large backyard, and strong long-term development potential in one of Crown Heights’ fastest-growing residential corridors.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/ACRE

$26,155,761/AC

PRICE/SF

$600 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Development Opportunity - 417 Maple Street

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Mixed Use, Multi-Family, Apartment Units - Condo, Apartment Units - Dorms, Apartment Units - Senior, Apartment Units - Subsdzd, Medical

LAND ACRES

0.09 AC

LAND SF

3,997 SF

OFFSITE IMPROVEMENTS

-

ZONING

R6

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Valerie Sebbag555 Properties LLCMore Info
917-623-6331

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Valerie Sebbag555 Properties LLCMore Info
917-623-6331

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.