LAND undeveloped in the Downtown Brooklyn Redevelopment District.
185,959.75 build-able sq/ft. Bonus: 37,193 sq/ft for IHP (Inclusionary Housing Program)
Zoned: Mixed commercial & residential C6-4.5 FAR 12-14.4 with additional air rights
Adjacent to a New City Park with 700 underground parking spaces. Similar property sold for over $60mil.
Direct access to a vibrant public environment served by an enhanced transit network with easy access to Manhattan and the surrounding boroughs.
Demographics: (1 mile)
Average HH income $103,844
Population of 134,224
Over 32,000 students in attendance with limited dormitories
There is a current tenant occupying the parking lot with steady income. Owner can buyout current tenant now or when you are ready for construction. Great opportunity to make money while in the design phase!!!!
Price: $38,950,000
Lot Size:185,959.75 BSF
Lot sizes are as follows:
43 = 66.00FT X 100.25FT
46 = 22.50FT X 100.25FT
47 = 22.00FT X 100.25FT
Air Rights
41 = 21.83FT X 100.25FT
42 = 22.25FT X 100.25FT
Lot numbers: 43, 46, 47 air rights from 41 & 42...lot 43 is three lots; 43, 44, 45
Price/SF: $209.45
Lot Type: Commercial/ Other (land)
Features:
Electricity/Power
Irrigation
Water
Telephone
Cable
Gas/Propane
Great opportunity for investor/developer. Construction & city development projects across the street and all around these lots make this one desirable opportunity with any developer with a vision..do not miss this!
I deal direct with the owner of the property and as of 8/23 an offer of $36m has been received; an offer for asking price & quick close will get this deal done ASAP.
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