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2,160 sqft

$2,399,000

1344 East 64th Street, Brooklyn NY, 11234

Price per sqft$1,110.65
Built in1970
Property size2,160 sqft
Property typeMulti-family

Overview

Pending

Listed Sep 12, 2025

Updated Jun 4

Prime Mill Basin Development Opportunity – 80x168 Lot on Ralph Avenue 2365–2373 Ralph Avenue (a.k.a. 1344 E 66th Street) presents a rare chance for builders and investors to unlock massive potential in one of Brooklyn’s most dynamic corridors. Spanning an oversized 80x168 lot, the property currently features a solid two-family brick ranch (30x36, 2,000+ SF) already worth upwards of $1M on its own. The real value lies in the zoning: R3-2, C1-2 with a .75 FAR and over 6,200 SF of unused buildable rights. With Ralph Avenue’s high-traffic exposure, this site is tailor-made for a savvy developer to create a row of mixed-use buildings, blending retail and residential for steady income and long-term growth. This is a rare Mill Basin assemblage that offers both existing income potential and transformative development upside. Whether you keep the two-family as-is, or build out a high-yield portfolio of mixed-use assets, the numbers here speak for themselves. Please consult with an architect. An unparalleled opportunity for investors and builders looking to scale in Brooklyn

$15,961/mo

Est. mortgage payment based on a $2,399,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
495706

Interior Features

Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.31 Acres

Other Property Details

Taxes
$10,484
Tax Frequency
Annually

Listed by Joseph C. Forzano with Revived Residential
Listing Contact: 9293793750 

Based on information from Brooklyn Board of REALTORS®. Data last updated 6/4/2026. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Modern Spaces shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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