VACANT LOT FOR SALE
EXCELLENT DEVELOPMENT OPPORTUNITY
BROOKLYN, NEW YORK
Location: area Atlantic Avenue and Herkimer Street
Lot Size: 18' x 68'
Zoning: (FAR) R6B (2.0) Height Limit 50’
Buildable Sq. Ft: 2,448
Description:
A vacant lot which has 2,448 buildable square feet. The lot size makes the property a prime development opportunity. A developer can build a five story apartment building. The units can be five floor-through apartments or ten studio apartments. The property can also be a three or four family building.
.
ASKING PRICE: $450,000 Reduced
OR $184 PER BUILDABLE SQUARE FOOT
_____
THREE STORY FIVE-UNIT
APARTMENT BUILDING
FOR SALE
EXCELLENT INVESTMENT/USER OPPORTUNITY
BRONX, NEW YORK
Location: area Home and Fox Streets
Stories: Three Plus Full Basement
Gross Square Feet: 3,906 appx
Zoning: (FAR) R7-1 (3.44) Height Limit 75’
Buildable Sq. Ft: 5,464
Air Rights: 1,556 Sq. Ft
Description:
A 21’ wide five-unit three story apartment building.
Net Operating Income: $136,769.4 CAP RATE: 10.9%
ASKING PRICE: $1,250,000
VACANT LOT FOR SALE
EXCELLENT DEVELOPMENT OPPORTUNITY
BROOKLYN, NEW YORK
Location: area Atlantic Avenue and Herkimer Street
Lot Size: 18' x 68'
Zoning: (FAR) R6B (2.0) Height Limit 50’
Buildable Sq. Ft: 2,448
Description:
A vacant lot which has 2,448 buildable square feet. The lot size makes the property a prime development opportunity. A developer can build a five story apartment building. The units can be five floor-through apartments or ten studio apartments. The property can also be a three or four family building.
.
ASKING PRICE: $450,000 Reduced
OR $184 PER BUILDABLE SQUARE FOOT
_____
THREE STORY FIVE-UNIT
APARTMENT BUILDING
FOR SALE
EXCELLENT INVESTMENT/USER OPPORTUNITY
BRONX, NEW YORK
Location: area Home and Fox Streets
Stories: Three Plus Full Basement
Gross Square Feet: 3,906 appx
Zoning: (FAR) R7-1 (3.44) Height Limit 75’
Buildable Sq. Ft: 5,464
Air Rights: 1,556 Sq. Ft
Description:
A 21’ wide five-unit three story apartment building.
Net Operating Income: $136,769.4 CAP RATE: 10.9%
ASKING PRICE: $1,250,000
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