1344 East 64th Street
Old Mill Basin | Ralph Av & Island Av
Ownership
Mixed Use
Lot Size
80'x168'
Status
Active
Real Estate Taxes
[Per Annum]
$ 10,484
Building Size
30'x36'
Year Built
1970
ASF/ASM
2,160/201
Property Description
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
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
Listing Courtesy of Revived Residential
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Apartment Features
Exposed Bricks
Hardwood Floors
Private Entrance
Building Details [1344 East 64th Street]
Ownership
Mixed Use
Block/Lot
8363/14
Building Size
30'x36'
Zoning
R3-2
Year Built
1970
Floors
1
Lot Size
80'x168'
Mortgage Calculator in [US Dollars]
Maria Castellano
License
Licensed As: Maria Castellano
Licensed Real Estate Broker/Owner
W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 495706