48 Jefferson Street - Agorafy
RESIDENTIAL DEVELOPMENT SITE FOR SALE
48 Jefferson Street 5,530 Buildable Square Feet
North Bushwick, Brooklyn, NY The subject property is a residential development site with potential for 5,530 buildable square feet in prime north Bushwick. Public transportation is located nearby, with the J, M, Z trains just two blocks away, offering convenient access to Manhattan and Williamsburg within 20 minutes. The property also benefits from close proximity to many of Bushwick’s already flourishing art galleries, night life, and dining options, and is just a few blocks from the Rheingold Brewery Complex which will deliver over 1,000 residential units along with significant new retail. The subject property presents a fantastic opportunity for a developer or home buyer to invest in one of Brooklyn’s most sought after areas, and to meet already existing neighborhood demand for luxury apartments. PROPERTY INFORMATION Location: South side of Jefferson St. between Evergreen Ave. and Bushwick Ave.. Block/Lot: Lot Dimensions: Lot Square Footage:
ASKING PRICE: $1,200,000
48 Jefferson Street
3171 / 13 25' x 75’ 1,875
(Approx.)
Zoning:
R6
(Wide Street)
FAR*:
2.95
Buildable Square Feet:
5,530
Assessment ('14/'15):
$4,976
Taxes ('14/'15):
L
J M
(Approx.) J M Z
$953
Z
*Blended FAR considering 100' within wide street at Bushwick Avenue.
Robert A. Knakal
Michael Amirkhanian
Jonathan Hageman
Elysa Berlin
DJ Johnston
Robert W. Moore
Chairman 212.696.2500 x.7777 [email protected]
Director of Sales 718.606.7073 [email protected]
Sales Team Manager 212.696.2500 x.7773 [email protected]
Director of Sales 212.696.2500 x.7764 [email protected]
Associate Director 718.307.6515 [email protected]
Associate Director 718.606.7046 [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 THE BRONX
•
BROOKLYN
Third Floor • Brooklyn, NY 11201 • 718.238.8999 www.masseyknakal.com www.cushmanwakefield.com MANHATTAN
NASSAU
NEW JERSEY
QUEENS
•
Fax
STATEN ISLAND
718.238.6091 WESTCHESTER
48 Jefferson Street 5,530 Buildable Square Feet
North Bushwick, Brooklyn, NY The subject property is a residential development site with potential for 5,530 buildable square feet in prime north Bushwick. Public transportation is located nearby, with the J, M, Z trains just two blocks away, offering convenient access to Manhattan and Williamsburg within 20 minutes. The property also benefits from close proximity to many of Bushwick’s already flourishing art galleries, night life, and dining options, and is just a few blocks from the Rheingold Brewery Complex which will deliver over 1,000 residential units along with significant new retail. The subject property presents a fantastic opportunity for a developer or home buyer to invest in one of Brooklyn’s most sought after areas, and to meet already existing neighborhood demand for luxury apartments. PROPERTY INFORMATION Location: South side of Jefferson St. between Evergreen Ave. and Bushwick Ave.. Block/Lot: Lot Dimensions: Lot Square Footage:
ASKING PRICE: $1,200,000
48 Jefferson Street
3171 / 13 25' x 75’ 1,875
(Approx.)
Zoning:
R6
(Wide Street)
FAR*:
2.95
Buildable Square Feet:
5,530
Assessment ('14/'15):
$4,976
Taxes ('14/'15):
L
J M
(Approx.) J M Z
$953
Z
*Blended FAR considering 100' within wide street at Bushwick Avenue.
Robert A. Knakal
Michael Amirkhanian
Jonathan Hageman
Elysa Berlin
DJ Johnston
Robert W. Moore
Chairman 212.696.2500 x.7777 [email protected]
Director of Sales 718.606.7073 [email protected]
Sales Team Manager 212.696.2500 x.7773 [email protected]
Director of Sales 212.696.2500 x.7764 [email protected]
Associate Director 718.307.6515 [email protected]
Associate Director 718.606.7046 [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 THE BRONX
•
BROOKLYN
Third Floor • Brooklyn, NY 11201 • 718.238.8999 www.masseyknakal.com www.cushmanwakefield.com MANHATTAN
NASSAU
NEW JERSEY
QUEENS
•
Fax
STATEN ISLAND
718.238.6091 WESTCHESTER
