3565


VACANT LOT FOR SALE
EXCELLENT DEVELOPMENT OPPORTUNITY
BROOKLYN, NEW YORK

Lot Size: 40’ x 100’ 4,000 Square Feet

Zoning: (FAR)
Total Buildable Sq Ft: Assessment:
Real Estate Taxes:
R5 (1.25) with a C2-2 Overlay (1.0) Height limit 40’ 5,000
$157,050 (24/25)
$16,901.72

Description: A 40’ wide vacant lot which has 5,000 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 tenant is paying $4,500 per month, and they are on a month
to month basis.
The building is located in an area with a lot of foot traffic and strong
demand for new apartments. The B 46 bus runs along Utica Avenue and
goes to Eastern Parkway which has access to the 3, 4 and 5 trains.
ASKING PRICE: $1,500,000
OR $300 PER BUILDABLE SQUARE FOOT
3565 VACANT LOT FOR SALE EXCELLENT DEVELOPMENT OPPORTUNITY BROOKLYN, NEW YORK Lot Size: 40’ x 100’ 4,000 Square Feet Zoning: (FAR) Total Buildable Sq Ft: Assessment: Real Estate Taxes: R5 (1.25) with a C2-2 Overlay (1.0) Height limit 40’ 5,000 $157,050 (24/25) $16,901.72 Description: A 40’ wide vacant lot which has 5,000 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 tenant is paying $4,500 per month, and they are on a month to month basis. The building is located in an area with a lot of foot traffic and strong demand for new apartments. The B 46 bus runs along Utica Avenue and goes to Eastern Parkway which has access to the 3, 4 and 5 trains. ASKING PRICE: $1,500,000 OR $300 PER BUILDABLE SQUARE FOOT
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