464 E New York Ave, Brooklyn, NY 11225

Development or Renovation Opportunity in Wingate Bordering Prospect Lefferts GardensnnLocated at the intersection of vibrant Wingate and charming Prospect Lefferts Gardens, this 20 ft x 100 ft lot presents an exceptional opportunity for developers or end users with vision. Whether you're looking to build your dream residence or invest in a project with serious potential, this property delivers on all fronts.nnThis legal two-family home, currently configured as a single-family, boasts a generous Residential FAR of 2.43 and Facility FAR of 4.8, allowing for a maximum usable floor area of 4,860 square feet. With just 860 square feet currently built, there are over 4,000 square feet of unused FAR-an ideal canvas for expansion or redevelopment.nnSet on a tree-lined street, the property enjoys the best of both worlds: the residential tranquility of Wingate and the vibrant culture of Prospect Lefferts Gardens. Just a short distance away is Hamlet Coffee Company, a local favorite known for its exceptional coffee and cozy neighborhood vibe, along with other shops, green spaces, and convenient transit options.nnWhether you're a seasoned developer in search of your next project or an end user ready to design a personalized home in one of Brooklyns most promising enclaves, 464 E New York Ave is full of untapped potential.