Back 540 Schenck Avenue
Off Market

540 Schenck Avenue

New York NY 11207

1600 sq. ft.
Land
Last sold for $350,000
Daniel GamilDaniel Gamil, last sold this property on 22 July 2025 after 1054 days on market.

Overview

Vacant Land ? Zoned R5 | Max FAR 1.25 | Approx. 2,000 Buildable Sq Ft Prime development opportunity in a rapidly growing neighborhood. This vacant lot includes approved plans for a 3-story, 3-family residence (available upon request). Just minutes from the 3 train at Pennsylvania Ave and L train at Livonia Ave, with easy access to multiple bus lines. Surrounded by schools, shops, and parks. Ideal for builders and investors looking to capitalize on strong demand in a high-potential area. Buyers are advised to independently verify zoning and buildable square footage with their architect and local authorities.

Features

1600 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in New York over the last 12 months, the estimated median property value of 540 Schenck Avenue is $600k.

Median value
$600k
Estimated value range
$190k - $2.27m
Median days on market
119
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in New York. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 540 Schenck Avenue

2025
Sold
$350,000
22 Jul 2025 by Daniel Gamil, of RE/MAX Edge

Happy sellers in New York

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We have insufficient information to provide an overview of customer satisfaction for New York. Viewing the agent profiles, reviews and sales for New York can provide insights for this location.

Local market activity for land plots in New York

In the last 12 months, 2 land plots similar to 540 Schenck Avenue, have been sold.

This represents a 200% decrease in land plots sales when compared to the previous 12 months.

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