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108 5th Avenue, Brooklyn, NY 11217

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For Sale

$3,900,000

0.05 acres

Estimated Payment

$ 21,011 /mo. †

6.63% APR for 30 yrs.
$12,274 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 0.1 acres
    Lot size

Explore this Property

The commercial land for sale in downtown Brooklyn presents an excellent opportunity for builders. The vacant lot, with dimensions of 25x93.33 and zoned R6A, C1-4, offers 2333 sq. ft. of space. Additionally, it has the potential to accommodate a structure of 7000 sqft above ground along with a 2333 sqft basement. Its prime location close to the Barclays Center further adds to its appeal for potential development.
MLS# L3561549

Courtesy Of Royalux Realty LLC

(718) 666-6066

Property Features

  • Architecture Style
    Other
  • Lot Size
    0.05 Acres

Map and Directions

Directions to 108 5th Avenue, Brooklyn, NY 11217

Home seller CENTURY 21 Homefront

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CENTURY 21 Homefront

(718) 252-6060
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Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $19,988
  • Property Taxes
    $1,022
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $21,011

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

P.s. 282 Park Slope School

Grades PK-8 Public School

Brooklyn, NY 11217 0.2 miles
180 6th ave

476 total students
15:1 Student teacher ratio

School Rating: C+

School Details
Other Nearby Schools Distance Type Grades School Rating
Ps 77 0.1 miles Public KG-12
Ps 133 William A Butler 0.1 miles Public PK-5 B-
Middle School 266 Park Place Community Middle School 0.1 miles Public 6-8 C-
Math And Science Exploratory School (the) 0.3 miles Public 6-8 B
Brooklyn High School Of The Arts 0.3 miles Public 9-12 C
P.s. 38 The Pacific School 0.4 miles Public PK-5 B-
Ps 372 Children's School (the) 0.4 miles Public PK-8
Muse Academy 0.4 miles Private PK-2
Khalil Gibran International Academy 0.5 miles Public 9-12 D-
Brooklyn Independent 0.5 miles Private 6-8
Intermediate School 340 0.5 miles Public 6-8 B+
Ps 753 School For Career Development 0.5 miles Public 6-12
Luria Academy Of Brooklyn 0.6 miles Private PK-8
P.s. 321 William Penn School 0.6 miles Public KG-5 A+
Ps 369 Coy L Cox School 0.6 miles Public KG-12
Middle School 51 William Alexander 0.6 miles Public 6-8 B
Brooklyn Technical High School 0.6 miles Public 9-12 A+
Al-madinah School 0.6 miles Private PK-12
German School Brooklyn 0.7 miles Private KG-3

Ps 77

Distance: 0.1 miles

Type Public

Grades: KG-12

Ps 133 William A Butler

Distance: 0.1 miles

Type Public

Grades: PK-5

B-

Middle School 266 Park Place Community Middle School

Distance: 0.1 miles

Type Public

Grades: 6-8

C-

Math And Science Exploratory School (the)

Distance: 0.3 miles

Type Public

Grades: 6-8

B

Brooklyn High School Of The Arts

Distance: 0.3 miles

Type Public

Grades: 9-12

C

P.s. 38 The Pacific School

Distance: 0.4 miles

Type Public

Grades: PK-5

B-

Ps 372 Children's School (the)

Distance: 0.4 miles

Type Public

Grades: PK-8

Muse Academy

Distance: 0.4 miles

Type Private

Grades: PK-2

Khalil Gibran International Academy

Distance: 0.5 miles

Type Public

Grades: 9-12

D-

Brooklyn Independent

Distance: 0.5 miles

Type Private

Grades: 6-8

Intermediate School 340

Distance: 0.5 miles

Type Public

Grades: 6-8

B+

Ps 753 School For Career Development

Distance: 0.5 miles

Type Public

Grades: 6-12

Luria Academy Of Brooklyn

Distance: 0.6 miles

Type Private

Grades: PK-8

P.s. 321 William Penn School

Distance: 0.6 miles

Type Public

Grades: KG-5

A+

Ps 369 Coy L Cox School

Distance: 0.6 miles

Type Public

Grades: KG-12

Middle School 51 William Alexander

Distance: 0.6 miles

Type Public

Grades: 6-8

B

Brooklyn Technical High School

Distance: 0.6 miles

Type Public

Grades: 9-12

A+

Al-madinah School

Distance: 0.6 miles

Type Private

Grades: PK-12

German School Brooklyn

Distance: 0.7 miles

Type Private

Grades: KG-3

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Brooklyn, NY 11217

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Brooklyn, NY 11217

This community’s employment is highest in the food and education industries. The area’s overall household expenses are above the national average.

84° July
Hottest Average Month
25° January
Coldest Average Month
19,108 Total Households in Area
-7% Increase in population since the year 2010
21.5%
of households
have children
29 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Brooklyn, NY 11217

Brooklyn, NY 11217 has a population of 39,984 people in 19,108 households with a median age of 36.1 years old.

-7%
Decrease in population
since the year 2010
Population is Trending down
20,214
Total households as of 2010
1.5%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 36.1 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 51%
Black 18%
Hispanic 16%
Asian 10%
Other 7%
Native American <1%
The most prevalent ethnicity is White at 51%, followed by Black at 18%, Hispanic at 16%, and Asian at 10%.

Economics
for Brooklyn, NY 11217

53,502 /sq mi
Population Density
$138,029 /yr
Median Household Income
$1,662,500
Median Sales Price
29 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Over $200k representing 32.99% of the households.

Transportation to Work

  • Public Transit 55%
  • Work from Home 24%
  • Walk or Bike 13%
  • Drive 8%

Occupancy by Type

Rented 13,791 68%
Owned 5,317 26%
Vacant 1,297 6%

White vs Blue Collar Jobs







White Collar 95%
Blue Collar 5%

Family & Education Facts
for Brooklyn, NY 11217

36.1 Median Age

Average Household Size

2.1
persons per
household

32.6%

Married Households

Community Population By Education

Bachelors Degree 38%
Graduate Degree 34%
Some College 8%
Some High School 8%
High School Graduate 8%
Associates Degree 4%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 38.17% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
21.5% of households have children

Weather
for Brooklyn, NY 11217

The weather for this area ranges from a high of 84° F in July to a low of 25° F in January

84° July
Hottest Average Month
25° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
25°
39°
Feb
26°
41°
Mar
33°
49°
Apr
43°
60°
May
52°
70°
Jun
62°
79°
Jul
68°
84°
Aug
67°
83°
Sep
60°
76°
Oct
49°
65°
Nov
40°
54°
Dec
30°
43°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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