$2,799,000
0.09 Acres0.09 ac
54 Avenue W
Brooklyn, NY 11223
Listed with E Realty International Corp
$2,888,000
Est. $15,012/moBrooklyn, NY 11228 · Brooklyn
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Attention Savvy Investors and Developers! This is a rare opportunity to acquire a legal three-family home on a spacious 8,000 sq ft lot zoned R4-1, complete with a private driveway and tremendous upside potential. The existing building features three well-laid-out apartments: First Floor Duplex (with semi-finished basement): 4 bedrooms, living room, dining room, eat-in kitchen, 2 bathrooms, front yard, and rear porch — approximately 1,700 sq ft. Second Floor: 1-bedroom apartment with kitchen, dining room, bathroom, and a charming screened-in balcony — approximately 900 sq ft. Top Floor: Cozy 1-bedroom apartment with living room and dining room — approximately 800 sq ft. The property includes one heating system (gas boiler and hot water heater) serving the entire building. The private driveway comfortably fits 6 vehicles, plus there’s a detached double-car garage. For developers, approved conceptual designs are available to build three new two-family homes, each with a detached garage — offering a maximum total buildable area of approximately 7,965 sq ft under current zoning. This is a massive opportunity for any builder or investment team looking to capitalize on strong rental demand or redevelopment potential in a prime location. Don’t miss out! Add this high-potential gem to your portfolio today!
As reported by the listing office; verify enrollment with the district.
Listed with Keller Williams Realty Empire · Louis M. Guida · Source: OneKey MLS
Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Nov 2, 2026, 9:07 PM ET. ©2026 One Key MLS.
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Market insights
Current listings
New in the last 30 days
237
Nov 2026
Average price
Active listings
$1,301,467
Nov 2026
Average days on market
Active listings
179 days
Nov 2026
Computed from 1,562 active OneKey MLS listings in Brooklyn, NY.
$2,799,000
0.09 Acres0.09 ac
54 Avenue W
Brooklyn, NY 11223
Listed with E Realty International Corp
$2,100,000
575 80th Street
Brooklyn, NY 11209
Listed with MYNY Real Estate
$3,450,000
9 Bed • 5 Bath • 4,500 Sq. Ft.9 bd · 5 ba · 4,500 sqft
205 Van Buren Street
Brooklyn, NY 11221
Listed with Barnes New York