17-19 Lamont Court, Brooklyn NY 11225

$3,950,000

17-19 Lamont Court, Brooklyn, NY 11225

bedrooms

bathrooms

square feet

19,168

Acreage

Open Houses

year built

1940

Full Baths

Half Baths

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Calling All Investors, Developers & End-Users!!! SHOVEL READY Development Site For A 22 Unit 19,100+ Sqft Building In Brooklyn For Sale!!! The Property Has Plans In Place For A Brand New Building!!! The Building Will Feature Great Exposure, Excellent Signage, 5 (2 Br.) Apartments, 1 Br. Apartment, 7 Parking Spaces, High 9’ Ceilings, 7 Stories, Sprinklers, Elevator, All New LED Lighting, 3 Phase Power, CAC, +++!!! The Property Is Located In The Heart Of Brooklyn Near Barclays Center, Brooklyn Museum, Kings Theatre & Brooklyn Children’s Museum!!! Neighbors Include Starbucks, UPS, The Home Depot, Public Storage, CubeSmart Self Storage, Safeguard Storage, Target, Staples, Planet Fitness, PetSmart, Shake Shack, Mavis Discount Tire, Auntie Anne’s, Wendy’s, Checkers, White Castle, KFC, +++!!! This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site!!! Income: (5) 2 Br. Apts.: $252,000 Ann. (10) 1 Br. Apts.: $384,000 Ann. (5) Studio Apts: $138,000 Ann. 2 Br. Penthouse: $62,000 Ann. 1 Br. Penthouse: $51,600 Ann. 7 Parking Spaces: $21,000 Ann. Pro Forma Gross Income: $908,600 Ann. Expenses: Gas: $0 Electric: $0 Water & Sewer: $3,257 Ann. Insurance: $5,217 Ann. Taxes: $8,254.96 Ann. Total Expenses: $16,728.96 Ann. Pro Forma Net Operating Income (NOI): $ 891,871.04 Ann.

Location
Subdivision	-
County	Kings (Brooklyn)
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

Driving directions

Open houses

None scheduled.

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MLS number: 815482

Listing agent: Richard Matt Shane #10301216230

Listing broker: All Island Estates Realty Corp (516) 532-9184

Last update: Saturday, March 1 2025 at 2:15 p.m. EST

Kotohomes National