52,000 SF Residential Redevelopment Opportunity

For Sale

702 44th Street, Brooklyn, NY 11220

This Brooklyn property for sale is located at 702 44th Street. The current listed sale price for 52,000 SF Residential Redevelopment Opportunity is $11,000,000. 52,000 SF Residential Redevelopment Opportunity is situated on a lot that is 12.2 square feet in size.

Contacts

Stephen Vorvolakos

Ariel Property Advisors

Sean R. Kelly

Ariel Property Advisors

Shimon Shkury

Ariel Property Advisors

Property Details

  • Property Type Land
  • Property Size 52,000 SF
  • Lot Size 12.2 SF
  • Taxes / YR $101,454.00
  • Zoning R7A / R6B - R7A - R6B
  • # of Floors 6
  • Date Updated May 1, 2026

Investment Highlights

• 6-story, 52,000 SF residential redevelopment opportunity on the southeast corner of 7th Avenue and 44th Street
• Vacant since a 2019 fire, the structure was formerly made up of 54 residential units totaling 46,997 net SF and had condo sellouts north of $900/SF
• Developers have the opportunity to redevelop the 52,000 existing SF, or build a ground up 54,992 SF rental building with the UAP bonus
• In the heart of Sunset Park, directly across from the park and across the street from P.S. 169. One block from the prime retail corridor on 8th Avenue
• The 36th Street N/R train station & the 9th Ave D train station are both 0.5 miles away and provide access to Manhattan in under 30 minutes

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Attachments

Getting around

  • 88/100

    Walk Score ®

  • 94/100

    Transit Score ®

  • 76/100

    Bike Score ®

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Location

  • City Brooklyn, NY
  • Neighborhood Sunset Park
  • Zip Code 11220
  • Market Brooklyn

Points of Interest

  • Mega Sunset Car Service

    0.31 miles

  • Mexiana Express II

    0.32 miles

  • Acapulco Express

    0.37 miles

  • 9th Avenue

    0.42 miles

  • Mixteca USA

    0.54 miles

  • Bell Car Service

    0.55 miles

  • 36th Street

    0.67 miles

  • Prince Car Service

    0.87 miles

  • 55th Street

    1.03 miles

  • Legends Limousine

    1.05 miles

  • FLO

    0.34 miles

  • BP

    0.49 miles

  • Shell

    0.52 miles

  • Speedway

    0.82 miles

  • Sunoco

    0.97 miles

  • Emporium 1

    0.98 miles

  • SEVENTH AVENUE

    1.01 miles

  • Allegiance

    1.02 miles

  • EVgo

    1.51 miles

  • plugNYC

    1.88 miles

  • Hospital Parking

    1.02 miles

  • Ultra Car Park Systems

    1.71 miles

  • Car Park Systems

    1.77 miles

  • IKEA

    1.92 miles

  • School Bus Depot

    1.97 miles

  • Eastern Fruits and Vegetables

    2.26 miles

  • Garfield Garage

    2.31 miles

  • US Postal Service

    2.36 miles

  • Rapid Park

    2.48 miles

  • Brooklyn Cruise Terminal Parking

    2.54 miles

  • King Hotel

    0.26 miles

  • Knights Inn

    0.30 miles

  • Holiday Inn Express

    0.33 miles

  • The Vue Hotel Express

    0.36 miles

  • Phoenix Hotel

    0.39 miles

  • Wyndham Garden

    0.46 miles

  • Days Inn

    0.49 miles

  • Quality Inn

    0.63 miles

  • Hotel BPM

    0.77 miles

  • L Hotel

    0.81 miles

  • Fei Long Market

    0.14 miles

  • 88 Fresh Vegetable Market Inc.

    0.14 miles

  • Lucky

    0.18 miles

  • Key Food

    0.32 miles

  • C-Town

    0.33 miles

  • Marketa Los Fernandez

    0.43 miles

  • Jenny's Food Market

    0.43 miles

  • Lucky Star Market Inc.

    0.47 miles

  • Xin Hao NY Supermarket

    0.49 miles

  • Sunrise Supermarket Inc.

    0.51 miles

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