2000 Eastern Pky
Brooklyn, NY 11233
2000 Eastern Parkway · Industrial Property For Sale
EXECUTIVE SUMMARY
The Nowak Group has been exclusively retained by ownership to arrange the sale of 2000 Eastern Parkway in the Ocean Hill/Broadway Junction section of Brooklyn, New York. The subject property is a development site comprised of two tax lots (1540/72 and 1540/82) totaling 15,956 square feet.
The site is zoned C4-4L (R7A residential equivalent) and is currently improved by a 16,310 square foot auto collision shop. The site’s C4-4L zoning allows for a development totaling 73,398 square feet (MIH FAR 4.6). The site’s 3-side street exposure allows a development without setbacks. Additionally, the site is also eligible for the FRESH Program, which allows a qualifying site to add an additional 20,000 buildable square feet with a ground-floor supermarket. The site is owner-occupied and will be delivered vacant to the purchaser.
2000 Eastern Parkway is ideally located for a residential development within steps from Broadway Junction, a major public transportation hub connecting commuters to Queens, Brooklyn, Long Island, and Manhattan.
• Development site totaling 15,956 square feet
• Zoned C4-4L (R7A residential equivalent)
• Developers may build a residential development totaling 73,398 square feet utilizing the MIH
FAR of 4.6
• Developers may bypass the setback requirements on this site
• Excellent location for a larger-scale residential development within steps of Broadway Junction
• Excellent candidate site for the FRESH Program
• Under City of Yes, developers will benefit from reduced parking requirements and their associated
construction costs
• Site is owner-occupied and will be delivered vacant to the purchaser
Ownership is requesting offers.
The site is zoned C4-4L (R7A residential equivalent) and is currently improved by a 16,310 square foot auto collision shop. The site’s C4-4L zoning allows for a development totaling 73,398 square feet (MIH FAR 4.6). The site’s 3-side street exposure allows a development without setbacks. Additionally, the site is also eligible for the FRESH Program, which allows a qualifying site to add an additional 20,000 buildable square feet with a ground-floor supermarket. The site is owner-occupied and will be delivered vacant to the purchaser.
2000 Eastern Parkway is ideally located for a residential development within steps from Broadway Junction, a major public transportation hub connecting commuters to Queens, Brooklyn, Long Island, and Manhattan.
• Development site totaling 15,956 square feet
• Zoned C4-4L (R7A residential equivalent)
• Developers may build a residential development totaling 73,398 square feet utilizing the MIH
FAR of 4.6
• Developers may bypass the setback requirements on this site
• Excellent location for a larger-scale residential development within steps of Broadway Junction
• Excellent candidate site for the FRESH Program
• Under City of Yes, developers will benefit from reduced parking requirements and their associated
construction costs
• Site is owner-occupied and will be delivered vacant to the purchaser
Ownership is requesting offers.
PROPERTY FACTS
| Sale Type | Investment |
| Sale Condition | Development Sale |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.37 AC |
| Rentable Building Area | 25,000 SF |
| Number of Floors | 1 |
| Year Built | 1931 |
| Tenancy | Single |
| Clear Ceiling Height | 14 ft |
| No. Dock-High Doors/Loading | 1 |
| Level Access Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | C4-4L - C4 - Regional commercial center located outside of the central business districts |
AMENITIES
- Monument Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £429,768 | |
| Land Assessment | £232,353 | Total Assessment | £662,120 |
