925-929 48th Street, Brooklyn, NY 11219

925-929 48th Street at 925-929 48th Street, Brooklyn, NY presents a rare opportunity to acquire a prime development site in the heart of Borough Park. Positioned in one of Brooklyn’s most active and in-demand neighborhoods, this fully detached property offers outstanding potential for residential, medical, office, or community facility use. The site consists of a 50' x 100' lot totaling 5,000 square feet, with an existing 40' x 67' building. Located in an R6 zoning district, the property allows for approximately 12,150 buildable square feet for residential development under a 2.43 FAR, and up to 24,000 buildable square feet for community facility use under a 4.8 FAR. Currently occupied by Maimonides Medical Center on a month to month basis. The asset offers existing tenancy while providing future upside for redevelopment or repositioning. Ideal for residential condos, medical office space, a yeshiva, or other community facility uses, this is a compelling chance to develop in Borough Park’s hot market. Asking Price: $4,750,000. Neg.