1433 Flatbush Avenue
Development Site for Sale:
1433 Flatbush Avenue Flatbush, Brooklyn, NY Address:
1433 Flatbush Avenue Located bewteen Farragut Road
Location:
and Glenwood Road Block-Lot:
5250-9
Lot Size:
20.5' x 130.58'
(approx.)
Lot Area:
2,540
(approx.)
Zoning:
C2-4/R7A
FAR:
4.0
Total Buildable SF:
8,843
sq. ft. (approx.)
Total Buildable SF (Community Facility):
10,800
sq. ft. (approx.)
Taxes (2013/2014):
$4,399
Description: Massey Knakal has been retained on an exclusive basis to sell this residential or mixed-use development site. As of right buildable square footage for a residential or mixed use building is 8,843 SF with an FAR bonus for community facility use. There are approved plans for an 8,300 SF building with ground floor community facility space and 10 1-bedroom apartments above. There is a 421-a tax abatement as of right for new construction. The property is located on Flatbush Ave between Farragut Road and Glenwood Road. It is 3 blocks north of the Junction, Flatbush’s premier retail area. Also located in the Junction are the Flatbush Ave 2 & 5 trains which provide direct access to Manhattan.
Asking Price: $650,000 For complete offering information or inspection, please contact Exclusive Agents:
Edward Gevinski
Adam Ecker
Brian Streilein
Director of Sales [email protected] Tel: (718) 307-6502
Associate [email protected] Tel: (718) 606-7049
Associate [email protected] Tel: (718) 307-6505
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages & uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates & assumptions made above, as well as the investment income, the tax bracket, & other factors which your tax advisor &/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, & ALL OTHER INFORMATION HEREIN.
205 Montague Street • Third Floor • Brooklyn, NY 11201 • 718.238.8999 • Fax 718.238.6091 www.masseyknakal.com THE BRONX
BROOKLYN
MANHATTAN
NASSAU
QUEENS
STATEN ISL&
WESTCHESTER
1433 Flatbush Avenue Flatbush, Brooklyn, NY Address:
1433 Flatbush Avenue Located bewteen Farragut Road
Location:
and Glenwood Road Block-Lot:
5250-9
Lot Size:
20.5' x 130.58'
(approx.)
Lot Area:
2,540
(approx.)
Zoning:
C2-4/R7A
FAR:
4.0
Total Buildable SF:
8,843
sq. ft. (approx.)
Total Buildable SF (Community Facility):
10,800
sq. ft. (approx.)
Taxes (2013/2014):
$4,399
Description: Massey Knakal has been retained on an exclusive basis to sell this residential or mixed-use development site. As of right buildable square footage for a residential or mixed use building is 8,843 SF with an FAR bonus for community facility use. There are approved plans for an 8,300 SF building with ground floor community facility space and 10 1-bedroom apartments above. There is a 421-a tax abatement as of right for new construction. The property is located on Flatbush Ave between Farragut Road and Glenwood Road. It is 3 blocks north of the Junction, Flatbush’s premier retail area. Also located in the Junction are the Flatbush Ave 2 & 5 trains which provide direct access to Manhattan.
Asking Price: $650,000 For complete offering information or inspection, please contact Exclusive Agents:
Edward Gevinski
Adam Ecker
Brian Streilein
Director of Sales [email protected] Tel: (718) 307-6502
Associate [email protected] Tel: (718) 606-7049
Associate [email protected] Tel: (718) 307-6505
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages & uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates & assumptions made above, as well as the investment income, the tax bracket, & other factors which your tax advisor &/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, & ALL OTHER INFORMATION HEREIN.
205 Montague Street • Third Floor • Brooklyn, NY 11201 • 718.238.8999 • Fax 718.238.6091 www.masseyknakal.com THE BRONX
BROOKLYN
MANHATTAN
NASSAU
QUEENS
STATEN ISL&
WESTCHESTER
