Address
5514 Fort Hamilton Parkway, Brooklyn, NY
Price
$ 1,998,000
Property Attributes
  • MLS#501326
  • TypeMulti-Family
  • Listing Status Active
  • CountyKINGS
  • CityBrooklyn
  • AreaBrooklyn
  • NeighborhoodBoro-Park
  • Zip11219
  • StyleMulti-Family
  • Year Built1915
  • Price$ 1,998,000
  • Bedrooms7
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3036
  • Lot Size0.055028 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description

Prime Boro Park and Sunset Park three-family residential investment property, perfectly positioned for builders, developers, and long-term investors. Zoning highlight: R6 residential zoning with C1-3 commercial overlay, allows mixed residential + commercial usage, higher floor area ratio, flexible new construction, renovation & expansion options, huge development potential with easy approval for builder plans. Rare find oversized lot size 20×117.82, extra deep and wide lot layout, abundant open land for new ground-up development, multi-unit new build, home expansion. Solid well-maintained 3 family house layout, great steady rental income flow right now. Excellent location on Fort Hamilton Parkway, prime Boro Park neighborhood, close to all shops, restaurants, public transportation, highway, schools and daily amenities. Rare great zoning + extra large lot combination, perfect and ready to go for all builders & developers. Great value, won’t last long!

Price History
5/11/2026 Listed $1,998,000

General Features

Roof Flat
Zoning R6
Electric Other
Stories Count 3
Property Type Residential
Block 5680
Lot Number 47
Transaction Type Sale
Insurance Expense 2200.00
Utility Expense 0.00
Gross Expense 4600.00
Financing 1031 Exchange,Bank Mortgage,Cash
Building Type Attached
Gross Income 57600
Status Active
Fuel Expense 0.00
Total Rooms 10
Construction Materials Brick
Cumulative Days on Market 128
MLS Area Boro-Park
Sub Type Multi-Family
Year Built 1915
City Brooklyn
Borough Brooklyn
Residential Features Refrigerator,Stove
DOM 128
Sale Type Arm's Length
# Families 3
Public Remarks Prime Boro Park and Sunset Park three-family residential investment property,perfectly positioned for builders,developers,and long-term investors. Zoning highlight: R6 residential zoning with C1-3 co

Interior Features

Heating Fuel Gas
Flooring Hardwood
Hot Water Gas
Full Baths 3
Unit Count 3
Building Amenities NONE
Sq Ft Total 3036
Basement Amenities Walk-in
Beds Total Level 1 2
Beds Total Level 2 2
Beds Total Level 3 3
Rooms Total Level 1 3
Rooms Total Level 2 3
Rooms Total Level 3 4
Beds Total 7
Total Baths 3.00

Exterior Features

Exterior Brick
Yard Back
Foundation Block,Poured Concrete
Lot Sq Ft 2397
Building Length 57.00
Building Width 20.00
Property Panorama YN Yes
Lot Size Length 117
Lot Size Width 20

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 11219

Price
AVG $2.05M
$2M
Year Built
AVG 1927
1915
Visits
AVG 46
71
Data Provided by Inside Real Estate®
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