487 Ocean Parkway

Kensington

$3,999,000
Price
4,500 / 0.10
Lot Size / Acres

Description

This property presents a fantastic opportunity for development, offering a substantial lot size of 150x30, ideal for constructing a condominium with up to 17 units. The availability of pre-existing floor plans, which can be provided upon request, is a significant advantage, streamlining the design phase and potentially reducing the time to market for this project. With the growing demand for residential spaces, this could be a lucrative investment for any developer looking to expand their portfolio...This property presents a fantastic opportunity for development, offering a substantial lot size of 150x30, ideal for constructing a condominium with up to 17 units. The availability of pre-existing floor plans, which can be provided upon request, is a significant advantage, streamlining the design phase and potentially reducing the time to market for this project. With the growing demand for residential spaces, this could be a lucrative investment for any developer looking to expand their portfolio in the vibrant real estate market.
  1. Listed by Jose I. Garcia • RE/MAX Real Estate Professiona

Amenities

  • Development Site

Location

Listing Courtesy of RE/MAX Real Estate Professiona
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LISTING UPDATED: 05/01/2024 01:02 PM

Property Details for 487 Ocean Parkway

StatusActive
MLS ID481110
Days on Market29
Taxes$5,615 / year
Maintenance-
Min. Down Pymt-
Total Rooms0.0
Compass TypeLand
MLS TypeHouse/Building
Year Built-
Lot Size4,500 SF / 30' x 150'
CountyKings County

Location

Listing Courtesy of RE/MAX Real Estate Professiona
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Building Information for 487 Ocean Parkway

Lot Size4,500 SF / 30' x 150'Building Age-Building Type-

Payment Calculator

$22,292 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,824

Property Taxes

$468

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 487 Ocean Parkway

Summary
Location and General Information
  • Block: 5390
  • Cross Street Name: Cortelyou Rd
  • Cross Street Name: Ditmas Ave
  • Zoning: R7A
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 5615.0
Property
Lot Information
  • Lot Number: 60
  • Lot Size Irregular YN: No
  • Lot Size Length: 150
  • Lot Size Width: 30
Agent
Sale and Listing
  • Sale Type: Arm's Length

Property History for 487 Ocean Parkway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 487 Ocean Parkway

Taxable ValueLand-Additions-Total-
Home Facts
APN3053900060

Schools near 487 Ocean Parkway

This home is within Nyc Geog District #20 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 179 Kensington
PublicPK to 5

Jhs 62 Ditmas
Public6 to 8

I.S. 187 The Christa Mcauliffe School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

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Similar Sold Homes

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487 Ocean Parkway is a 0.10 ac of land for sale in Kensington. This property was listed for sale on April 4, 2024 by RE/MAX Real Estate Professiona, it's currently listed at $3,999,000. This listing's school district is Nyc Geog District #20 - Brooklyn. Nearby schools include P.S. 179 Kensington, Jhs 62 Ditmas and Urban Assembly School for Leadership and Empowerment. 487 Ocean Parkway is a 0-bed, 0-bath, 0.10 ac of land on a 4,500 sq. ft. / 0.10 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Real Estate Professiona

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