Price Reduction! Seller Motivated! Call listing agent for details. Located in the heart of East New York, one of Brooklyn`s most rapidly transforming neighborhoods, 477 Milford Street presents a rare opportunity for visionary developers. This vacant lot is being offered for redevelopment with with up to 3450 sqft. of buildable space ideal for up to 4 residential units (R5 zoning), possible rezoning . This corner lot location adds to its appeal for prospective developers looking to invest in real estate development in the East New York area. Situated close to Linden BLvd., a major corridor in Brooklyn, the site benefits from exceptional exposure. Easy access to key transit, commercial hubs, including the Belt Parkway, N. Conduit, Gateway Center Mall, Cross Island Parkway and JFK Airport (attracting traffic from across BKLYN, QNS and LI). All zoning an buildable square footage should be independently verified- consult with an architect to confirm allwable use and development potential. (477 & 479 Milford Street cannot be bifurcated). Cash is king!
Lot/land
Price cut: $400K (5/9)
$850,000
477 Milford Street, Brooklyn, NY 11208
--beds
--baths
2,333Square Feet
Land
Built in ----
2,333 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Corner lot location
- 171 days |
- 34 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
ERA/Top Service Realty Inc 718-464-5800,
Denise Kennedy 718-464-5800
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 957565
Facts & features
Property
Lot
- Size: 2,333 Square Feet
Details
- Parcel number: 044570045
- Zoning: R5
- Special conditions: None
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
HOA
- Has HOA: No
Location
- Region: Brooklyn
Financial & listing details
- Tax assessed value: $12,240
- Annual tax amount: $994
- Date on market: 2/6/2026
- Cumulative days on market: 155 days
- Listing agreement: Exclusive Right To Sell
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/9/2026 | Price change | $850,000-32% |
Source:  OneKey® MLS as distributed by MLS GRID #957565 Report a problem | ||
| 3/31/2026 | Price change | $1,250,000-16.7% |
Source: OneKey® MLS as distributed by MLS GRID #957565 Report a problem | ||
| 2/7/2026 | Listed for sale | $1,500,000+14999900% |
Source: OneKey® MLS as distributed by MLS GRID #957565 Report a problem | ||
| 12/10/2015 | Sold | $10 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $994 +4.7% | $12,240 +2.5% |
| 2024 | $949 | $11,940 +2.6% |
| 2023 | -- | $11,640 +4.3% |
| 2022 | -- | $11,160 |
| 2021 | -- | $11,160 +12.7% |
| 2020 | $884 +6% | $9,900 |
| 2019 | $834 | $9,900 +153.6% |
| 2018 | -- | $3,904 +9.3% |
| 2017 | $728 +10.4% | $3,572 +5.9% |
| 2016 | $659 | $3,372 +5.9% |
| 2015 | $659 +62.2% | $3,183 |
| 2014 | $406 | $3,183 +0.9% |
| 2013 | -- | $3,154 +5.9% |
| 2012 | -- | $2,977 +5.9% |
| 2011 | -- | $2,810 +5.9% |
| 2010 | -- | $2,653 |
| 2009 | -- | $2,653 +0.9% |
| 2008 | -- | $2,629 +6% |
| 2007 | -- | $2,481 +5.9% |
| 2006 | -- | $2,342 +5.9% |
| 2005 | -- | $2,211 |
| 2004 | -- | $2,211 +0.9% |
| 2003 | -- | $2,192 +6% |
| 2002 | -- | $2,068 +5.9% |
| 2001 | -- | $1,952 +5.9% |
| 2000 | -- | $1,843 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: East New York
Nearby schools
GreatSchools rating
- 3/10Ps 202 Ernest S JenkynsGrades: PK-5Distance: 0.1 mi
- 5/10Jhs 218 James P SinnottGrades: 6-8Distance: 0.1 mi
- 4/10The School For Classics: An Academy Of ThinkersGrades: 9-12Distance: 0.1 mi
Schools provided by the listing agent
- Elementary: Contact Agent
- High: Contact Agent
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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