THREE STORY MIXED-USE BUILDING FOR SALE
EXCELLENT INVESTMENT, USER/DEVELOPMENT OPPORTUNITY
VACANT
BROOKLYN, NEW YORK
Dekalb and Kent Avenues
20’ x 93’
Three (3)
2,800 (Approximately)
R7A (4.0) with a C2-4 Overlay (2.0) Height Limit 80’
A 20’ wide two-unit three story corner mixed use building. The property has a store on the ground floor, which also has access to the basement
The property is also a great development opportunity, a developer can build a new 7,689 square foot building. The commercial overlay allows the first and second floors to be commercial and can be built full. The third floor unit would have a big out door space to the back. The height limit allows an eight story building to be built.
Net Operating Income: $176,801.72
ASKING PRICE: $3,500,000 Cap Rate 5.1%
EXCELLENT INVESTMENT, USER/DEVELOPMENT OPPORTUNITY
VACANT
BROOKLYN, NEW YORK
Dekalb and Kent Avenues
20’ x 93’
Three (3)
2,800 (Approximately)
R7A (4.0) with a C2-4 Overlay (2.0) Height Limit 80’
A 20’ wide two-unit three story corner mixed use building. The property has a store on the ground floor, which also has access to the basement
The property is also a great development opportunity, a developer can build a new 7,689 square foot building. The commercial overlay allows the first and second floors to be commercial and can be built full. The third floor unit would have a big out door space to the back. The height limit allows an eight story building to be built.
Net Operating Income: $176,801.72
ASKING PRICE: $3,500,000 Cap Rate 5.1%
THREE STORY MIXED-USE BUILDING FOR SALE
EXCELLENT INVESTMENT, USER/DEVELOPMENT OPPORTUNITY
VACANT
BROOKLYN, NEW YORK
Dekalb and Kent Avenues
20’ x 93’
Three (3)
2,800 (Approximately)
R7A (4.0) with a C2-4 Overlay (2.0) Height Limit 80’
A 20’ wide two-unit three story corner mixed use building. The property has a store on the ground floor, which also has access to the basement
The property is also a great development opportunity, a developer can build a new 7,689 square foot building. The commercial overlay allows the first and second floors to be commercial and can be built full. The third floor unit would have a big out door space to the back. The height limit allows an eight story building to be built.
Net Operating Income: $176,801.72
ASKING PRICE: $3,500,000 Cap Rate 5.1%
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