RARE 40 × 100 DEVELOPMENT OPPORTUNITY IN GRAVESEND! Rarely available opportunity to acquire 2459 West 2nd Street together with the adjoining separately deeded 20 × 100 vacant lot, creating approximately 40 × 100 of combined land in Gravesend. The existing two-family home offers 5 bedrooms, 2 full baths, plus 1/2 bath and a full finished basement. The property is in good overall condition and offers both immediate potential and significant future upside. The adjoining 20 × 100 vacant parcel, Block 7194, Lot 55, is separately deeded and R4-1 zoned. The combined parcels present an exceptional opportunity for an investor, owner-user, or developer seeking a substantial residential site in a desirable Brooklyn neighborhood. Buyer and buyer's architect are responsible for verifying all zoning, FAR, permitted uses, development potential, and zoning-lot possibilities with NYC Department of Buildings and/or Department of City Planning. Excellent Gravesend location near shopping, restaurants, transportation, schools, parks, and major roadways. Two separate lots • Approximately 40 × 100 combined • R4-1 • Development
For sale
Price cut: $50K (8/26)
$1,749,988
2459 W 2nd St, Brooklyn, NY 11223
5beds
1,260sqft
Multi Family
Built in ----
-- sqft lot
$1,666,400 Zestimate®
$1,389/sqft
$-- HOA
What's special
Full finished basementTwo-family homeGood overall conditionTwo separate lots
- 15 days
- 575
- 21
Zillow last checked:
Listing updated:
Listed by:
Hometime Estates of Brooklyn L 718-524-0400,
Lee Goldstein 718-614-3115
Source: BNYMLS,MLS#: 503798
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Natural Gas, Hot Water
Cooling
- Window Unit(s)
Appliances
- Included: Dryer, Refrigerator, Stove, Washer, Gas Water Heater
Features
- Flooring: Hardwood
- Basement: Finished,Full
Interior area
- Total structure area: 1,260
- Total interior livable area: 1,260 sqft
Property
Parking
- Total spaces: 4
- Parking features: Private Drive, 4 Spaces
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 4,000 Square Feet
- Dimensions: 40x100
- Features: Back Yard
Details
- Foundation area: 2000
- Parcel number: 071940054
- Zoning: R4
- Special conditions: Arm's Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Block
- Roof: Flat
Utilities & green energy
- Electric: 110 V
Community & HOA
Community
- Subdivision: Brooklyn
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $1,389/sqft
- Tax assessed value: $847,000
- Annual tax amount: $8,295
- Date on market: 8/14/2026
- Cumulative days on market: 16 days
Estimated market value
$1,666,400
$1.58M - $1.75M
$3,538/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Price change | $1,749,988-2.8%$1,389/sqft |
Source: | ||
| 8/14/2026 | Listed for sale | $1,799,988+800%$1,429/sqft |
Source: | ||
| 6/21/2005 | Sold | $200,000$159/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,041 +4.1% | $50,820 -15% |
| 2024 | $7,724 | $59,820 +13.2% |
| 2023 | -- | $52,860 -4% |
| 2022 | -- | $55,080 +8.6% |
| 2021 | -- | $50,700 +22.3% |
| 2020 | $6,489 +5.9% | $41,460 |
| 2019 | $6,125 -8.6% | $41,460 +29.4% |
| 2018 | $6,704 +6.9% | $32,048 +4.2% |
| 2017 | $6,272 +24.1% | $30,770 +6% |
| 2016 | $5,056 | $29,030 +3.2% |
| 2015 | $5,056 +65.1% | $28,140 +5.4% |
| 2014 | $3,062 | $26,707 |
| 2013 | -- | $26,707 +4.2% |
| 2012 | -- | $25,642 +6% |
| 2011 | -- | $24,192 +2.6% |
| 2010 | -- | $23,589 +6% |
| 2009 | -- | $22,256 |
| 2008 | -- | $22,256 +4.2% |
| 2007 | -- | $21,369 +6% |
| 2006 | -- | $20,160 +2.6% |
| 2005 | -- | $19,658 +6% |
| 2004 | -- | $18,547 |
| 2003 | -- | $18,547 +4.1% |
| 2002 | -- | $17,808 +6% |
| 2001 | -- | $16,800 +2.6% |
| 2000 | -- | $16,382 |
Find assessor info on the county website





