Join Exclusive List
Get Exclusive Access to Featured Listings, Market Insights, Market Reports, Featured Articles and much more!
* Required Fields
Main Content
907 & 909 47th St
Featured Listings
907 & 909 47th St
Borough Park - Development Opportunity
$5,250,000
Sales price
- Rare 50-Foot-Wide Assemblage: Two semi-detached, four-family assets situated on a substantial 5,000 SF (50' x 100') combined footprint in the core of Borough Park.
- Exponential Development Density: Unlock up to 24,518 BSF with a community facility, or leverage a 19,921 BSF residential envelope via the Universal Affordability Preference (UAP) program.
- Versatile Exit Strategies: Perfectly positioned for a high-end condo sellout or a 485-x tax-incentivized rental project utilizing 15,324 as-of-right BSF.
- Proven Institutional Location: Nestled in a premier, family-oriented submarket renowned for elite schooling, diverse retail, and high residential absorption.
