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Posted: Tuesday, May 9, 2017 12:47 PM

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Richard Dipietro - (347) 809-5192

License# 10401232124


Land For Sale

66,000 BSF Development Site For Sale

345-357 & 346-352 Avenue U, Brooklyn, NY 11223

Price: $18,500,000
Lot Size: 11,000 - 66,000 SF
Property Type: Land
Property Sub-type: Multifamily (land)
Additional Sub-types: Residential (land)
Retail (land)
Zoning Description: R6A/C2-4/OP
Last Verified: 5/3/2017
Listing ID: 20097326


Highlights

  • 22,000 SF Combined lot size
  • 66,000 Buildable SF
  • Zoned R6A, C2-4, OP
  • Projections: 36% Return on Investment (ROI)
  • Sale prices for new condo construction projected between $700 to $1,100 Per SF.
  • Rental Rates for new residential construction projected between $28 $35 Per SF Per year.

Description

Coldwell Banker Reliable Commercial Division is pleased to offer a 66,000 buildable SF (BSF) development site for sale. Located at 345-357 & 346-352 Avenue U, in the Gravesend section of Brooklyn NY. The sale consists of two separate corner lots across from each other. 345-357 Avenue U zoned R6A, C2-4, OP features an 11,000 SF 2 story building on a 12,000 SF lot and 346-357 Avenue U zoned R6A, OP is currently a 10,000 SF parking lot. The site is ideal for a multi-unit rental / condo development. Zoning also permits commercial and facility utilization.

Gravesend is a neighborhood in the south central section of Brooklyn, NY.


1 Lot Available

Lot 414 /004

Price: $18,500,000
Lot Size: 22,000 SF
Price/SF: $840.91
Lot Type: Multifamily (land)
Min. Divisible: 11,000 SF
Max. Contiguous: 66,000 SF
APN / Parcel ID: 7104/414
Commission Split: 2%
Description: Lot 414 12,000 SF / Lot 004 10,000 SF


Richard Dipietro - (347) 809-5192

License# 10401232124


The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.

CJ6DL9M

345-357 and 346-352 Avenue U, 11223    google map | yahoo map

• Location: Brooklyn, Gravesend

• Post ID: 93577467 brooklyn
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