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439-441 Liberty Ave - Lot 0032
0.07 Acres of Commercial Land Offered at £704,205 in Brooklyn, NY 11207
Investment Highlights
- Corner parcel
Executive Summary
Importantly, the zoning regulations for this property are quite versatile. It permits industrial storage uses, making it a viable option for businesses looking for warehouse or storage solutions. Moreover, residential development is also allowed on this site, offering a great opportunity for those looking to invest in or develop housing projects.
The Floor Area Ratio (FAR) associated with this property is favorable, allowing the construction of a sizable building. Specifically, it permits the building of up to a 4,500 square feet residential building or a 3,000 square feet commercial building. This flexibility in the permitted size and type of development makes this property a valuable choice for a range of potential buyers, from business owners to real estate developers.
Property Facts
Price | £704,205 | Property Subtype | Commercial |
Sale Type | Investment | Proposed Use | Multifamily |
No. Lots | 1 | Total Lot Size | 0.07 AC |
Property Type | Land | Opportunity Zone |
Yes
|
Price | £704,205 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Multifamily |
Total Lot Size | 0.07 AC |
Opportunity Zone |
Yes |
1 Lot Available
Lot
Price | £704,205 | Lot Size | 0.07 AC |
Price Per AC | £10,224,986 |
Price | £704,205 |
Price Per AC | £10,224,986 |
Lot Size | 0.07 AC |
Size: 1,500 SF or 3,000 SF (40' X 75') for sale, two properties for sale can be sold separately Development: Residential: 4,500 BSF Commercial: 3,000 BSF Notes: Residential or commercial development permitted on corner parcel
Description
This conveniently located property, nestled just three blocks from a subway and a mere block away from both a bus stop and Atlantic Avenue, boasts exceptional accessibility. It's well-connected to major routes including Jackie Robinson Parkway, ensuring a quick drive to JFK Airport. The versatile zoning supports industrial storage and residential development, allowing for the construction of either a spacious 4,500 SF residential building or a sizable 3,000 SF commercial structure. This opportunity is perfect for a wide range of buyers seeking prime real estate in a vibrant, accessible location.
PROPERTY TAXES
Parcel Number | 03690-0032 | Improvements Assessment | £0 |
Land Assessment | £12,324 | Total Assessment | £12,324 |
PROPERTY TAXES
zoning
Zoning Code | R6A / MX-16 / M1-4 (Industrial storage uses permitted on this site. Residential development is permitted as well.) |
R6A / MX-16 / M1-4 (Industrial storage uses permitted on this site. Residential development is permitted as well.) |
Presented by
439-441 Liberty Ave - Lot 0032
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