516-524 OCEAN VIEW AVENUE BROOKLYN, NY 11235 CORNER DEVELOPMENT SITE
FOR SALE
PROPERTY INFORMATION LOCATION
Southwest corner of Ocean View Avenue and Brighton 6th Street.
BLOCK / LOT
8675 / 76, 75, 73 & 72
LOT SIZE
10,000 SF (Combined Approx.)
LOT DIMENSIONS
100’ X 100’ (Combined Approx.)
ZONING*
R6 / OP Special Zoning District
FAR*
2.2
POTENTIAL
22,000 - BSF (Combined Approx.)
MARKET DATA
Average Condo Sale Price – $475-$600 SF
TAXES (15/16)
$13,083 (Combined)
*All zoning and buildable SF should be independently verified
DESCRIPTION •
• • • •
The subject property is a corner assemblage comprised of 4 adjacent lots providing approximately 100 feet of frontage on Ocean View Avenue and Brighton 6th Street, respectively. Located in the most desirable residential area of Southern Brooklyn, Brighton Beach. R6/OP zoning allows for residential ‘as of right’ development of up to 22,000 square feet. The property benefits from being 1 block from Brighton Beach Avenue, the premier retail corridor for the neighborhood. Nearby thoroughfares are Ocean Parkway, Coney Island Avenue and the Belt Parkway. Transportation includes the Brighton Beach [B, Q] subway stop 1 block away as well as the B1, B4, B36, B68 buses.
ASKING PRICE:
$3,500,000 FOR MORE INFORMATION, PLEASE CONTACT: Alex Svetlakov Director (718) 606 7062
[email protected] Samuel E. Protzmann Associate (718) 606 7061
[email protected] CUSHMAN & WAKEFIELD, INC. 205 Montague Street, 3rd Floor Brooklyn, NY 11201 www.nyinvestmentsales.com
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