ID: 3565
40’ WIDE VACANT LOT FOR SALE
EXCELLENT DEVELOPMENT OPPORTUNITY
BROOKLYN, NEW YORK
Location: between Linden Blvd and New Lots Avenue
Lot Size: 40’ x 100’
Gross Square Feet: 2,000 (Approximately)
Zoning: (FAR)
Total Buildable Square Feet: Assessment:
Real Estate Taxes:
R6 (2.43) No Height Limit. Community Facility (4.8) 9,720 For residential. 19,200 For community Facility $64,620 (22/23)
$6,879.48
Description: A 40’ wide vacant lot off Linden Blvd. The property’s lot size makes it a prime development opportunity. A developer can build a 9,720 square
foot elevatored apartment building. The site has the potential to be a six or
seven story building. The units can be floor-through apartments or two
apartments per floor. The property can have a front or back yard and is
shovel ready.
The property is located one block from the L train which gives easy access
to Manhattan and other trains at Broadway Junction. Linden Blvd has lots
of retail stores along with brands like McDonald, Dollar Tree, Chase
Bank.
ASKING PRICE: $1,000,000
OR $103 PER BUILDABLE SQUARE FOOT
================
VACANT LOT FOR SALE
EXCELLENT DEVELOPMENT OPPORTUNITY
BROOKLYN, NEW YORK
Location: Between Glenmore and Pitkin Avenues
Lot Size: 25’ x 100’ 2,500 Square Feet
Zoning: (FAR)
Total Buildable Square Feet: Assessment:
Real Estate Taxes:
R6A (3.6) Height Limit 70’ Inclusionary Housung Distriact 9000
$3,940 (22/23)
$800.20
Description: A 25’ wide vacant lot which has 7,500 buildable square feet. The lot size makes the property a prime development opportunity. A developer can
build a six story apartment building. The new building can have one or
two apartments per floor.
The property is located one block from the C train on Shepherd & Pitkin
Avenues. This gives quick access to Downtown Brooklyn and the City.
The property is off Pitkin Avenue, which has a lot of stores and
restaurants.
ASKING PRICE: $937,500
OR $125 PER BUILDABLE SQUARE FOOT
++++++++++++++++++
VACANT LOT FOR SALE
EXCELLENT DEVELOPMENT OPPORTUNITY
AREA UPZONED
BROOKLYN, NEW YORK
Location Between Glenmore and Pitkin Avenues Street
Lot Size: 20’ x 90’ 1,800 Square Feet
Zoning: (FAR)
Total Buildable Square Feet: Assessment:
Real Estate Taxes:
R5B (1.35) Height Limit 33’ 2,430
$2,863 (22/23)
$581.48
Description: A 20 vacant lot which has 2,430 buildable square feet. The lot size makes the property a prime development opportunity. A developer can build a
three story apartment building. The building can have one unit per floor,
the first floor unit can be duplexed with the basement.
The property is located two blocks from the A and C train on Shepherd
Avenue. This gives quick access to Downtown Brooklyn and Manhattan.
ASKING PRICE: $303,750
OR $125 PER BUILDABLE SQUARE FOOT
==================
VACANT LOT FOR SALE
EXCELLENT DEVELOPMENT OPPORTUNITY
AREA UPZONED
BROOKLYN, NEW YORK
Location: Between Glenmore and Pitkin Avenues Street
Lot Size: 20’ x 90’ 1,800 Square Feet
Zoning: (FAR)
Total Buildable Square Feet: Assessment:
Real Estate Taxes:
R5B (1.35) Height Limit 33’ 2,430
$4,212 (23/24)
$846.00
Description: A 20 vacant lot which has 2,430 buildable square feet. The lot size makes the property a prime development opportunity. A developer can build a
three story apartment building. The building can have one unit per floor,
the first floor unit can be duplexed with the basement.
The property is located two blocks from the A and C train on Shepherd
Avenue. This gives quick access to Downtown Brooklyn and Manhattan.
ASKING PRICE: $359,000
OR $125 PER BUILDABLE SQUARE FOOT
===============
VACANT LOT FOR SALE
EXCELLENT DEVELOPMENT OPPORTUNITY
THE AREA HAS BEEN UPZONED
BROOKLYN, NEW YORK
Location: Between Pitkin and Belmont Avenues
Lot Size: 45’ x 90’ (20’ x 90’, 25’ x 90’ Each) 4,050 Square feet
Zoning: (FAR) Total Buildable Square Feet: Assessment: Real Estate
Taxes:
R7A (4.6) with a C2-4 Overlay (2.0) Height Limit 80’ Inclusionary Housing Distrik 18,630
$144,810 (22/23)
$15,416.48
Description: A 45’ wide vacant lot which has 16,200 buildable square feet. The lot size makes the property a prime development opportunity. A developer can build an eight story apartment building, with two units per floor or one unit per floor. The zoning allows commercial on the first and second floors and apartments above or 100% residential.
The property is located two blocks from the A and C trains on Shepherd Avenue. This gives quick access to Downtown Brooklyn and the Manhattan. The lot size and the the up zoning of the area make the property a prime development opportunity.
ASKING PRICE: $2,025,000
OR $109 PER BUILDABLE SQUARE FOOT
+==========
VACANT LOT FOR SALE
EXCELLENT DEVELOPMENT OPPORTUNITY
AREA UPZONED & OPPORTUNITY ZONE
BROOKLYN, NEW YORK
Location:Between Schenck Avenue and Hendrix Street
Lot Size: 25’ x 100’ 2,500 Square Feet
Zoning: (FAR)
Total Buildable Square Feet: Assessment:
Real Estate Taxes:
R5B (1.35) Height Limit 33’ 3,375
$8,641 (22/23)
$1,754.92
Description: A 25’ wide vacant lot which has 3,375 buildable square feet. The lot size makes the property a prime development opportunity. A developer can
build a three story apartment building. The new building can have one or
two apartments per floor.
The property is located one block from the C train on Van Siclen Avenue.
This gives quick access to Downtown Brooklyn and Manhattan.
ASKING PRICE: $421,875
OR $125 PER BUILDABLE SQUARE FOOT
===============
VACANT LOT FOR SALE
EXCELLENT DEVELOPMENT OPPORTUNITY
601 & 605 ASHFORD STREET
BROOKLYN, NEW YORK
Location Between Dumont and New Lots Avenues
Lot Size: 40’ x 90’ (20’ x 90’ Each) 3,600 Square Feet
Zoning: (FAR)
Total Buildable Square Feet:
Assessment:
Real Estate Taxes:
R5 (1.25) Height Limit 40’ 4,500
$16,909 (22/23)
$3,461.08
Description: A 40’ wide vacant lot which has 4,500 buildable square feet. The lot size makes the property a prime development opportunity. A developer can
build a four story apartment building. The property can be an eight or
sixteen unit building. The new building can have two or four apartments per
floor.
The property is located one block from the 2, 3 and 4 trains on New Lots
Avenue. This gives quick access to Downtown Brooklyn and the
Manhattan. The property is off New Lots Avenue, which has a lot of stores
and restaurants.
ASKING PRICE: $562,500
OR $125 PER BUILDABLE SQUARE FOOT
============
TWO STORY FOUR UNIT APARTMENT BUILDING FOR SALE
EXCELLENT USER/INVESTMENT OPPORTUNITY
RIDGEWOOD, NEW YORK
Location: between Norman and Summerfield Streets
Lot Size: 20’ x 76’
Building Size: Basement: 20’ x 60’ irr = 1,025 sq. ft. Ground Floor: 20’ x 60’ irr = 1,025 sq. ft.
2nd Floor: 20’ x 60’ irr = 1,025 sq. ft.
Stories: Two (2) Plus Basement
Gross Square Feet: 2,050 (Approximately) Above Grade
Zoning: (FAR)
Total Buildable Sq. Ft: Total Available Air Rights: Assessment:
Real Estate Taxes:
R6B (2.0) Height Limit 75’ 3,040
990
$60,046 (22/23)
$7,365.84
Description: A 20’ wide vacant 4-unit two-story apartment building. The property has two units per floor. They are all two-bedroom apartments they
are located to the front and back of the building. All the units have
full kitchen & full bathroom, nice wood floors. They get great
sunlight, the ceilings are ten feet, and the units are individually
metered for cooking gas and electric. All the meters are in the
basement.
The property is a prime investment opportunity because all the
units are free market and not subject to any rent regulations. An
investor can renovate them and increase the rents. They can also give
each tenant their own boiler and water heater. The property also
makes a great user opportunity; a user can occupy the ground floor
and convert it into a three-bedroom floor-through apartment. They
rent out the second floor for income. They can also duplex the
ground floor with the basement to create a duplex garden apartment.
Revenue:
Unit Description Unit Type Proj Rent
Ground Floor: 1F 1R
2 Bedroom Apt 2 Bedroom Apt
Free Market Free Market
$2,200 $2,350
Second Floor: Monthly Inc:
2F 2R
2 Bedroom Apt 2 Bedroom Apt
Free Market Free Market
$2,200 $2,200 $8,950
Annual Inc: $107,400
Expenses:
Real Estate Taxes: $7,365.84
Water & Sewer: $2,200.00
Insurance: $2,350.00
Heat (Gas): $2,600.00
Electric: (common areas) $1,300.00
Repairs & Maintenance: Total Annual Expenses
$1,500.00 $17,315.84
Projected Net Operating Income: $90,084.16 Cap Rate: 5.6%
ASKING PRICE: $1,600,000 reduced to 1,000,000
circumvention prohibited recorded sent
usapropertysale@gmail.com
ID: 3565
40’ WIDE VACANT LOT FOR SALE
EXCELLENT DEVELOPMENT OPPORTUNITY
BROOKLYN, NEW YORK
Location: between Linden Blvd and New Lots Avenue
Lot Size: 40’ x 100’
Gross Square Feet: 2,000 (Approximately)
Zoning: (FAR)
Total Buildable Square Feet: Assessment:
Real Estate Taxes:
R6 (2.43) No Height Limit. Community Facility (4.8) 9,720 For residential. 19,200 For community Facility $64,620 (22/23)
$6,879.48
Description: A 40’ wide vacant lot off Linden Blvd. The property’s lot size makes it a prime development opportunity. A developer can build a 9,720 square
foot elevatored apartment building. The site has the potential to be a six or
seven story building. The units can be floor-through apartments or two
apartments per floor. The property can have a front or back yard and is
shovel ready.
The property is located one block from the L train which gives easy access
to Manhattan and other trains at Broadway Junction. Linden Blvd has lots
of retail stores along with brands like McDonald, Dollar Tree, Chase
Bank.
ASKING PRICE: $1,000,000
OR $103 PER BUILDABLE SQUARE FOOT
================
VACANT LOT FOR SALE
EXCELLENT DEVELOPMENT OPPORTUNITY
BROOKLYN, NEW YORK
Location: Between Glenmore and Pitkin Avenues
Lot Size: 25’ x 100’ 2,500 Square Feet
Zoning: (FAR)
Total Buildable Square Feet: Assessment:
Real Estate Taxes:
R6A (3.6) Height Limit 70’ Inclusionary Housung Distriact 9000
$3,940 (22/23)
$800.20
Description: A 25’ wide vacant lot which has 7,500 buildable square feet. The lot size makes the property a prime development opportunity. A developer can
build a six story apartment building. The new building can have one or
two apartments per floor.
The property is located one block from the C train on Shepherd & Pitkin
Avenues. This gives quick access to Downtown Brooklyn and the City.
The property is off Pitkin Avenue, which has a lot of stores and
restaurants.
ASKING PRICE: $937,500
OR $125 PER BUILDABLE SQUARE FOOT
++++++++++++++++++
VACANT LOT FOR SALE
EXCELLENT DEVELOPMENT OPPORTUNITY
AREA UPZONED
BROOKLYN, NEW YORK
Location Between Glenmore and Pitkin Avenues Street
Lot Size: 20’ x 90’ 1,800 Square Feet
Zoning: (FAR)
Total Buildable Square Feet: Assessment:
Real Estate Taxes:
R5B (1.35) Height Limit 33’ 2,430
$2,863 (22/23)
$581.48
Description: A 20 vacant lot which has 2,430 buildable square feet. The lot size makes the property a prime development opportunity. A developer can build a
three story apartment building. The building can have one unit per floor,
the first floor unit can be duplexed with the basement.
The property is located two blocks from the A and C train on Shepherd
Avenue. This gives quick access to Downtown Brooklyn and Manhattan.
ASKING PRICE: $303,750
OR $125 PER BUILDABLE SQUARE FOOT
==================
VACANT LOT FOR SALE
EXCELLENT DEVELOPMENT OPPORTUNITY
AREA UPZONED
BROOKLYN, NEW YORK
Location: Between Glenmore and Pitkin Avenues Street
Lot Size: 20’ x 90’ 1,800 Square Feet
Zoning: (FAR)
Total Buildable Square Feet: Assessment:
Real Estate Taxes:
R5B (1.35) Height Limit 33’ 2,430
$4,212 (23/24)
$846.00
Description: A 20 vacant lot which has 2,430 buildable square feet. The lot size makes the property a prime development opportunity. A developer can build a
three story apartment building. The building can have one unit per floor,
the first floor unit can be duplexed with the basement.
The property is located two blocks from the A and C train on Shepherd
Avenue. This gives quick access to Downtown Brooklyn and Manhattan.
ASKING PRICE: $359,000
OR $125 PER BUILDABLE SQUARE FOOT
===============
VACANT LOT FOR SALE
EXCELLENT DEVELOPMENT OPPORTUNITY
THE AREA HAS BEEN UPZONED
BROOKLYN, NEW YORK
Location: Between Pitkin and Belmont Avenues
Lot Size: 45’ x 90’ (20’ x 90’, 25’ x 90’ Each) 4,050 Square feet
Zoning: (FAR) Total Buildable Square Feet: Assessment: Real Estate
Taxes:
R7A (4.6) with a C2-4 Overlay (2.0) Height Limit 80’ Inclusionary Housing Distrik 18,630
$144,810 (22/23)
$15,416.48
Description: A 45’ wide vacant lot which has 16,200 buildable square feet. The lot size makes the property a prime development opportunity. A developer can build an eight story apartment building, with two units per floor or one unit per floor. The zoning allows commercial on the first and second floors and apartments above or 100% residential.
The property is located two blocks from the A and C trains on Shepherd Avenue. This gives quick access to Downtown Brooklyn and the Manhattan. The lot size and the the up zoning of the area make the property a prime development opportunity.
ASKING PRICE: $2,025,000
OR $109 PER BUILDABLE SQUARE FOOT
+==========
VACANT LOT FOR SALE
EXCELLENT DEVELOPMENT OPPORTUNITY
AREA UPZONED & OPPORTUNITY ZONE
BROOKLYN, NEW YORK
Location:Between Schenck Avenue and Hendrix Street
Lot Size: 25’ x 100’ 2,500 Square Feet
Zoning: (FAR)
Total Buildable Square Feet: Assessment:
Real Estate Taxes:
R5B (1.35) Height Limit 33’ 3,375
$8,641 (22/23)
$1,754.92
Description: A 25’ wide vacant lot which has 3,375 buildable square feet. The lot size makes the property a prime development opportunity. A developer can
build a three story apartment building. The new building can have one or
two apartments per floor.
The property is located one block from the C train on Van Siclen Avenue.
This gives quick access to Downtown Brooklyn and Manhattan.
ASKING PRICE: $421,875
OR $125 PER BUILDABLE SQUARE FOOT
===============
VACANT LOT FOR SALE
EXCELLENT DEVELOPMENT OPPORTUNITY
601 & 605 ASHFORD STREET
BROOKLYN, NEW YORK
Location Between Dumont and New Lots Avenues
Lot Size: 40’ x 90’ (20’ x 90’ Each) 3,600 Square Feet
Zoning: (FAR)
Total Buildable Square Feet:
Assessment:
Real Estate Taxes:
R5 (1.25) Height Limit 40’ 4,500
$16,909 (22/23)
$3,461.08
Description: A 40’ wide vacant lot which has 4,500 buildable square feet. The lot size makes the property a prime development opportunity. A developer can
build a four story apartment building. The property can be an eight or
sixteen unit building. The new building can have two or four apartments per
floor.
The property is located one block from the 2, 3 and 4 trains on New Lots
Avenue. This gives quick access to Downtown Brooklyn and the
Manhattan. The property is off New Lots Avenue, which has a lot of stores
and restaurants.
ASKING PRICE: $562,500
OR $125 PER BUILDABLE SQUARE FOOT
============
TWO STORY FOUR UNIT APARTMENT BUILDING FOR SALE
EXCELLENT USER/INVESTMENT OPPORTUNITY
RIDGEWOOD, NEW YORK
Location: between Norman and Summerfield Streets
Lot Size: 20’ x 76’
Building Size: Basement: 20’ x 60’ irr = 1,025 sq. ft. Ground Floor: 20’ x 60’ irr = 1,025 sq. ft.
2nd Floor: 20’ x 60’ irr = 1,025 sq. ft.
Stories: Two (2) Plus Basement
Gross Square Feet: 2,050 (Approximately) Above Grade
Zoning: (FAR)
Total Buildable Sq. Ft: Total Available Air Rights: Assessment:
Real Estate Taxes:
R6B (2.0) Height Limit 75’ 3,040
990
$60,046 (22/23)
$7,365.84
Description: A 20’ wide vacant 4-unit two-story apartment building. The property has two units per floor. They are all two-bedroom apartments they
are located to the front and back of the building. All the units have
full kitchen & full bathroom, nice wood floors. They get great
sunlight, the ceilings are ten feet, and the units are individually
metered for cooking gas and electric. All the meters are in the
basement.
The property is a prime investment opportunity because all the
units are free market and not subject to any rent regulations. An
investor can renovate them and increase the rents. They can also give
each tenant their own boiler and water heater. The property also
makes a great user opportunity; a user can occupy the ground floor
and convert it into a three-bedroom floor-through apartment. They
rent out the second floor for income. They can also duplex the
ground floor with the basement to create a duplex garden apartment.
Revenue:
Unit Description Unit Type Proj Rent
Ground Floor: 1F 1R
2 Bedroom Apt 2 Bedroom Apt
Free Market Free Market
$2,200 $2,350
Second Floor: Monthly Inc:
2F 2R
2 Bedroom Apt 2 Bedroom Apt
Free Market Free Market
$2,200 $2,200 $8,950
Annual Inc: $107,400
Expenses:
Real Estate Taxes: $7,365.84
Water & Sewer: $2,200.00
Insurance: $2,350.00
Heat (Gas): $2,600.00
Electric: (common areas) $1,300.00
Repairs & Maintenance: Total Annual Expenses
$1,500.00 $17,315.84
Projected Net Operating Income: $90,084.16 Cap Rate: 5.6%
ASKING PRICE: $1,600,000 reduced to 1,000,000
circumvention prohibited recorded sent
usapropertysale@gmail.com