431 CARROLL STREET Gowanus, Brooklyn, NY Corner Development Site
FOR SALE
8,200 BSF | Combined 132 Feet of Frontage
PROPERTY DESCRIPTION The subject property is a corner lot located in the Gowanus neighborhood of Brooklyn measuring approximately 4,100 SF and currently zoned M1-2, which allows for commercial development of 8,200 SF. The location offers 50’ of frontage along Nevins Street and 82’ of frontage along Carroll Street providing an ideal opportunity to develop a variety of retail, office and industrial uses.
431 CARROLL STREET
As the Gowanus neighborhood continues to evolve, the subject property is well positioned to benefit from continued development of the surrounding area. Nearby residential developments include The Lightstone Group’s 700 unit residential rental property on Bond Street and Sterling Equities’ 53,000 SF, 32 Unit condominium development at 345 Carroll Street.
BUILDING FEATURES ADDRESS
425-431 Carroll Street 339-341 Nevins Street
LOCATION
Northeast corner of Carroll Street & Nevins Street
BLOCK / LOTS
447 / 1, 2, 60
ZONING
M1-2
FAR
2.00
COMBINED LOT DIMENSIONS
50’ x 82’
COMBINED LOT S.F.
4,100 (approx.)
TOTAL BUILDABLE S.F.
8,200 (approx.)
ASSESSMENT (15/16)
$31,050
TAXES (15/16)
$3,318
Situated between two established residential neighborhoods of Carroll Gardens and Park Slope, Gowanus has become the connecting fabric of the area offering a variety of retail destinations including: Whole Foods, Dinosaur Bar-B-Que, Royal Palms Shuffleboard, Ample Hills Creamery, Brooklyn Boulders, and more. Carroll Street is one of three streets in Gowanus connecting these neighborhoods. Subject property is located two blocks from the Union Street R train and within walking distance to the Carroll Street F and G trains. The area is also serviced by the B63, B67, B69 and B103 bus routes.
ASKING PRICE
$2,950,000 FOR MORE INFORMATION, PLEASE CONTACT: Brendan T. Maddigan Director (718) 307 6507
[email protected] Winfield Clifford Director (718) 606 7054
[email protected] Mark L. Lively Associate Director (718) 307 6524
[email protected] Ethan S. Stanton Senior Associate (718) 307 6553
[email protected] CUSHMAN & WAKEFIELD 205 Montague Street, 3rd Floor Brooklyn, NY 11201 nyinvestmentsales.com
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