Prime Development Opportunity in Brooklyn – 52 Buffalo Ave
Unlock the potential of this rare, buildable lot in the heart of Ocean Hill, Brooklyn. Located at 52 Buffalo Avenue, this 17.83 ft x 45 ft property offers a unique investment or development opportunity in a dynamic and rapidly evolving neighborhood.
Situated in a C4-3 zoning district, the lot provides mixed-use development potential—ideal for a small commercial space with residential units above, retail storefront, or boutique office. C4-3 zoning allows for greater flexibility and density than typical residential zones, making this an excellent opportunity for developers or end-users looking to capitalize on Brooklyn’s growing market.
Lot Size: Approx. 800 sq ft (17.83 ft x 45 ft)
Zoning: C4-3 – Mixed-use commercial/residential
FAR (as per zoning): Up to 3.4 for residential or 3.4 for community facility use (buyer to verify)
Location: Convenient to Broadway Junction, the A/C/L/J/Z subway lines, major bus routes, and an array of retail and services.
Lot/land
$495,000
52 Buffalo Avenue, Brooklyn, NY 11233
--beds
--baths
802Square Feet
Land
Built in ----
802 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Mixed-use development potentialBuildable lot
- 96 days
- 140
- 10
Zillow last checked:
Listing updated:
Listed by:
5 Boro Realty Corp 855-305-3325,
Nina Sabag 917-705-0005
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 857953
Facts & features
Property
Lot
- Size: 802 Square Feet
Details
- Parcel number: 017100050
- Special conditions: None
Utilities & green energy
- Sewer: Other
Community & HOA
Location
- Region: Brooklyn
Financial & listing details
- Tax assessed value: $69,750
- Annual tax amount: $7,387
- Date on market: 5/5/2025
- Cumulative days on market: 461 days
- Listing agreement: Exclusive Right To Sell
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2025 | Price change | $495,000-0.8% |
Source:  OneKey® MLS as distributed by MLS GRID #857953 Report a problem | ||
| 8/21/2025 | Price change | $499,000-9.3% |
Source: OneKey® MLS as distributed by MLS GRID #887236 Report a problem | ||
| 5/5/2025 | Listed for sale | $550,000+134% |
Source: OneKey® MLS as distributed by MLS GRID #857953 Report a problem | ||
| 4/3/2023 | Sold | $235,001-26.3% |
Source: Public Record Report a problem | ||
| 10/20/2017 | Listing removed | -- |
Source: Auction.com Report a problem | ||
| 9/20/2017 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 11/16/2016 | Listing removed | $319,000 |
Source: Lombardo Homes & Estates #2852896 Report a problem | ||
| 11/9/2016 | Listed for sale | $319,000 |
Source: Lombardo Homes & Estates #2852896 Report a problem | ||
| 8/22/2016 | Listing removed | $319,000 |
Source: Lombardo Homes & Estates #2852896 Report a problem | ||
| 5/25/2016 | Price change | $319,000+6.3% |
Source: Lombardo Homes & Estates #2852896 Report a problem | ||
| 5/16/2016 | Listed for sale | $300,000+203% |
Source: Lombardo Homes & Estates #2852896 Report a problem | ||
| 1/15/2016 | Listing removed | -- |
Source: Auction.com Report a problem | ||
| 12/15/2015 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 7/13/2015 | Listing removed | -- |
Source: Auction.com Report a problem | ||
| 6/23/2015 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 6/15/2014 | Listing removed | $1,899+58.4% |
Source: RHR Report a problem | ||
| 6/7/2014 | Listed for rent | $1,199 |
Source: Owner Report a problem | ||
| 4/13/2014 | Listing removed | $99,000 |
Source: Metrostar Realty Corp. #377283 Report a problem | ||
| 10/9/2013 | Listed for sale | $99,000+1533.7% |
Source: GEO REAL ESTATE GROUP INC #377283 Report a problem | ||
| 3/14/2010 | Sold | $6,060-97% |
Source: Public Record Report a problem | ||
| 9/2/2009 | Listed for sale | $199,000-68.2% |
Source: TALK OF THE TOWN REALTY CORP. #346277 Report a problem | ||
| 6/18/2008 | Sold | $625,000+31.6% |
Source: Public Record Report a problem | ||
| 10/23/2006 | Sold | $475,000+7.7% |
Source: Public Record Report a problem | ||
| 2/23/2006 | Sold | $441,000-10% |
Source: Public Record Report a problem | ||
| 6/21/2005 | Sold | $490,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,322 -0.9% | $67,500 -3.2% |
| 2024 | $7,388 | $69,750 -1.9% |
| 2023 | -- | $71,100 -4.8% |
| 2022 | -- | $74,700 -5.1% |
| 2021 | -- | $78,750 -9.8% |
| 2020 | $7,056 +14.3% | $87,300 |
| 2019 | $6,174 +21.5% | $87,300 +19.8% |
| 2018 | $5,081 +17.9% | $72,900 +50% |
| 2017 | $4,308 +5.6% | $48,600 +12.5% |
| 2016 | $4,078 | $43,200 +5.5% |
| 2015 | $4,078 +52.6% | $40,950 +13.8% |
| 2014 | $2,672 | $36,000 +620.6% |
| 2008 | -- | $4,996 +5.7% |
| 2007 | -- | $4,726 +5.8% |
| 2006 | -- | $4,467 +6% |
| 2005 | -- | $4,215 |
| 2004 | -- | $4,215 +1.2% |
| 2003 | -- | $4,164 +5.7% |
| 2002 | -- | $3,939 +5.8% |
| 2001 | -- | $3,723 +6% |
| 2000 | -- | $3,513 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Bedford-Stuyvesant
Nearby schools
Schools provided by the listing agent
- Elementary: Brooklyn Brownstone School
- Middle: Brooklyn High School-Law And Tech
- High: Brooklyn High School-Law And Tech
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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