187 20th Street - Agorafy
Development Site with Approved Plans and Foundation
187 20th Street Greenwood Heights – Brooklyn, NY 11215 PROPERTY OVERVIEW Address 187 20th Street, Brooklyn, NY 11215 Location Located on 20th Street between 4th and 5th Aves Block/Lot 637 / 76 Lot Dimensions 25' x 100.17' (Approx.) Lot Size 2,504 (SF, Approx.) Zoning R6 (Grandfathered) FAR 2.2 Total Buildable SF 5,500 (SF, Approx.) Gross SF of Plans 9,704 Price/Buildable SF $318 Price/ Gross SF* $180 Assessement $79,820 ('14/'15) Taxes $10,492 ('14/'15) *Gross SF of plans include cellar/mechanical, mezzanine, and roof space
DESCRIPTION: The offering is a 25’ x 100’ development site with approved plans and a foundation in place. The current zoning is R6B, however, the plans and foundation are grandfathered in at the previous R6 zoning, allowing for 5,500 buildable square feet. The approved plans include mezzanine space with 7 foot ceilings and cellar recreation rooms that maximize square footage. The gross square footage including cellar, mezzanine, and roof space total approx. 9,700 SF over 5 floors and 8 units.
The property is conveniently located in the rapidly changing Greenwood Heights area of Brooklyn. Greenwood Heights is surrounded by great outdoor space including the Green-Wood Cemetery, Prospect Park, Sunset Park, and the waterfront district. There are lots of nearby restaurants, bars, and stores. The property is 3 short blocks from the Prospect Ave [R] train with direct access to Downtown Brooklyn and Manhattan in 15 minutes. th Floor 275 Madison 3rd Floor 118-35 Nearby Avenue, car transportation includes TheQueens BQEBoulevard, and the 14Prospect New York, NY 10016 Forest Hills, NY 11375 Expressway giving the subject great access to Downtown Brooklyn and T: 212-696-2500 / F: 212-696-0333 T: 718-275-3400 / F: 718-275-5478 Manhattan.
205 Montague Street, 3rd Floor Brooklyn, NY 11201 T: 718-238-8999 / F: 718-238-6091
ASKING PRICE
$1,750,000
Aaron Warkov Director of Sales 718.307.6551 [email protected]
Adam Ecker Associate 718.606.7049 [email protected]
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 and 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 and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND 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 ISLAND
WESTCHESTER
Development Site with Approved Plans and Foundation
187 20th Street Greenwood Heights – Brooklyn, NY 11215
205 Montague Street, 3rd Floor Brooklyn, NY 11201 T: 718-238-8999 / F: 718-238-6091
275 Madison Avenue, 3rd Floor New York, NY 10016 T: 212-696-2500 / F: 212-696-0333
ASKING PRICE
$1,750,000
118-35 Queens Boulevard, 14th Floor Forest Hills, NY 11375 T: 718-275-3400 / F: 718-275-5478
Aaron Warkov Director of Sales 718.307.6551 [email protected]
Adam Ecker Associate 718.606.7049 [email protected]
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 and 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 and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND 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 ISLAND
WESTCHESTER
187 20th Street Greenwood Heights – Brooklyn, NY 11215 PROPERTY OVERVIEW Address 187 20th Street, Brooklyn, NY 11215 Location Located on 20th Street between 4th and 5th Aves Block/Lot 637 / 76 Lot Dimensions 25' x 100.17' (Approx.) Lot Size 2,504 (SF, Approx.) Zoning R6 (Grandfathered) FAR 2.2 Total Buildable SF 5,500 (SF, Approx.) Gross SF of Plans 9,704 Price/Buildable SF $318 Price/ Gross SF* $180 Assessement $79,820 ('14/'15) Taxes $10,492 ('14/'15) *Gross SF of plans include cellar/mechanical, mezzanine, and roof space
DESCRIPTION: The offering is a 25’ x 100’ development site with approved plans and a foundation in place. The current zoning is R6B, however, the plans and foundation are grandfathered in at the previous R6 zoning, allowing for 5,500 buildable square feet. The approved plans include mezzanine space with 7 foot ceilings and cellar recreation rooms that maximize square footage. The gross square footage including cellar, mezzanine, and roof space total approx. 9,700 SF over 5 floors and 8 units.
The property is conveniently located in the rapidly changing Greenwood Heights area of Brooklyn. Greenwood Heights is surrounded by great outdoor space including the Green-Wood Cemetery, Prospect Park, Sunset Park, and the waterfront district. There are lots of nearby restaurants, bars, and stores. The property is 3 short blocks from the Prospect Ave [R] train with direct access to Downtown Brooklyn and Manhattan in 15 minutes. th Floor 275 Madison 3rd Floor 118-35 Nearby Avenue, car transportation includes TheQueens BQEBoulevard, and the 14Prospect New York, NY 10016 Forest Hills, NY 11375 Expressway giving the subject great access to Downtown Brooklyn and T: 212-696-2500 / F: 212-696-0333 T: 718-275-3400 / F: 718-275-5478 Manhattan.
205 Montague Street, 3rd Floor Brooklyn, NY 11201 T: 718-238-8999 / F: 718-238-6091
ASKING PRICE
$1,750,000
Aaron Warkov Director of Sales 718.307.6551 [email protected]
Adam Ecker Associate 718.606.7049 [email protected]
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 and 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 and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND 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 ISLAND
WESTCHESTER
Development Site with Approved Plans and Foundation
187 20th Street Greenwood Heights – Brooklyn, NY 11215
205 Montague Street, 3rd Floor Brooklyn, NY 11201 T: 718-238-8999 / F: 718-238-6091
275 Madison Avenue, 3rd Floor New York, NY 10016 T: 212-696-2500 / F: 212-696-0333
ASKING PRICE
$1,750,000
118-35 Queens Boulevard, 14th Floor Forest Hills, NY 11375 T: 718-275-3400 / F: 718-275-5478
Aaron Warkov Director of Sales 718.307.6551 [email protected]
Adam Ecker Associate 718.606.7049 [email protected]
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 and 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 and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND 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 ISLAND
WESTCHESTER
