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249 56th St

0.04 Acres of Commercial Land Offered at £860,694 in Brooklyn, NY 11220

Investment Highlights

  • Great Location
  • End user opportunity
  • Potential to build

Executive Summary

Welcome to 249 56 Street a hidden gem located in Sunset Park. This unique property presents an incredible opportunity for those looking to invest in a versatile space with endless potential. This property currently is being used as a garage being rented to a reputable automobile repair shop. This property offers an array of possibilities for its future use. Boasting a lot size of 1700 sqft and a floor size of 1700 sqft, this property provides ample room. The highlight of this property is the expansive garage with high ceilings, perfect for accommodating larger vehicles or equipment. The zoning of R6 further enhances the potential of this property, allowing for the possibility of adding additional levels and maximizing its value.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per AC
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per AC $9.99
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual $99,999
Annual Per AC $9.99
Taxes
Annual -
Annual Per AC -
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99
Net Operating Income
Annual $99,999
Annual Per AC $9.99

Property Facts

Price £860,694
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Auto Repair
Total Lot Size 0.04 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price £860,694
Price Per AC £21,410,304
Lot Size 0.04 AC

17x100 with potential to build up

Description

Welcome to 249 56 Street, a hidden gem located in Sunset Park. This unique property presents an incredible opportunity for those looking to invest in a versatile space with endless potential. This property currently is being used as a garage being rented to a reputable automobile repair shop. This property offers an array of possibilities for its future use. Boasting a lot size of 1700 sqft and a floor size of 1700 sqft, this property provides ample room. The highlight of this property is the expansive garage with high ceilings, perfect for accommodating larger vehicles or equipment. The zoning of R6 further enhances the potential of this property, allowing for the possibility of adding additional levels and maximizing its value.

Walk Score ®
Very Walkable (79)
Transit Score ®
Rider's Paradise (91)
Bike Score ®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00829-0055
Land Assessment
£21,478 (2024)
Improvements Assessment
£39,788 (2024)
Total Assessment
£61,266 (2024)

zoning

Zoning Code R6B (Mixed Use)
R6B (Mixed Use)
  • Listing ID: 32413278

  • Date on Market: 10/07/2024

  • Last Updated:

  • Address: 249 56th St, Brooklyn, NY 11220

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