Prime Mill Basin Development Opportunity – 80x168 Lot on Ralph Avenue
2365–2373 Ralph Avenue (a.k.a. 1344 E 66th Street) presents a rare chance for builders and investors to unlock massive potential in one of Brooklyn’s most dynamic corridors. Spanning an oversized 80x168 lot, the property currently features a solid two-family brick ranch (30x36, 2,000+ SF) already worth upwards of $1M on its own.
The real value lies in the zoning: R3-2, C1-2 with a .75 FAR and over 6,200 SF of unused buildable rights. With Ralph Avenue’s high-traffic exposure, this site is tailor-made for a savvy developer to create a row of mixed-use buildings, blending retail and residential for steady income and long-term growth.
This is a rare Mill Basin assemblage that offers both existing income potential and transformative development upside. Whether you keep the two-family as-is, or build out a high-yield portfolio of mixed-use assets, the numbers here speak for themselves. Please consult with an architect.
An unparalleled opportunity for investors and builders looking to scale in Brooklyn
Active
$2,599,000
1344 E 64th St UNIT 1, Brooklyn, NY 11234
3beds
2,160sqft
Multi Family
Built in 1970
-- sqft lot
$-- Zestimate®
$1,203/sqft
$-- HOA
What's special
High-traffic exposureSolid two-family brick ranch
- 24 days |
- 228 |
- 5 |
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