$3,950,000
bedrooms
0
bathrooms
0
square feet
19,168
Acreage
-
Open Houses
-
year built
1940
Full Baths
0
Half Baths
0
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
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 815482
Listing agent:
Richard Matt Shane
#10301216230
Listing broker:
All Island Estates Realty Corp
(516) 532-9184
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.
[source]
Last update: Tuesday, April 22 2025 at 2:36 p.m. EDT
Kotohomes National
Other listings you might be interested in
$4,000,000
0 Bed •
0 Bath •
19,382 ft²
910 OLD STEESE HIGHWAY
Fairbanks, AK 99701
$3,950,000
0 Bed •
0 Bath •
20,019 ft²
1121 VAN DYKE Street
Detroit, MI 48214
$3,900,000
0 Bed •
0 Bath •
19,558 ft²
449 Alvarado ST
MONTEREY, CA 93940
$4,000,000
0 Bed •
0 Bath •
20,000 ft²
175 N Main St
Wharton Boro, NJ 07885
$3,999,999
0 Bed •
0 Bath •
18,000 ft²
112 N Gage Avenue
Los Angeles, CA 90063
$4,100,000
0 Bed •
0 Bath •
19,562 ft²
9110 Waukegan Road
Morton Grove, IL 60053
$3,800,000
0 Bed •
0 Bath •
20,000 ft²
400 E Spencer
Wildwood, NJ 08260
$3,950,000
0 Bed •
0 Bath •
16,500 ft²
7225 B W RM 243
Bertram, TX 78605
$3,888,888
0 Bed •
0 Bath •
21,239 ft²
344 A St
Hayward, CA 94541
$3,900,000
0 Bed •
0 Bath •
16,923 ft²
966 Lodge Rd
Amity, AR 71921
$3,900,000
0 Bed •
0 Bath •
16,923 ft²
966 LODGE Road
Amity, AR 71921
$3,750,000
0 Bed •
0 Bath •
20,000 ft²
5261 W Murphy
Odessa, TX 79763