Take advantage of a newly reduced price on this exceptional 1.43-acre development site located at 740 40th Street in the heart of Brooklyn’s highly sought-after Sunset Park neighborhood. This 125’ x 100’ vacant lot in an R7A zone offers a rare opportunity for high density development with a 5.0 FAR, yielding approximately 62,500 buildable square feet. AG approval is already in place, streamlining with development process. Located in Sunset prime area, one block away from Sunset Place Center Park. This elevated property listing for sale offers strong potential for growth. The potential buyer(s) have the flexibility to develop the property for rental income or to construct condominiums for resale. This is a prime opportunity for immediate expansion, as there are no open vacancies in the surrounding area. Mass transit opportunities close by, including subway and city bus transportation. *Price is negotiable*