647 Sheffield Ave_Cover_initials_LQ

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East New York, Brooklyn Development Opportunity

EXCLUSIVE LISTING

647 Sheffield Avenue Brooklyn, NY 11207 Epic Commercial Realty 580 Broadway, Suite 1107 New York, NY 10012 www.epic-cr.com Justin Zeitchik Baruch Edelkopf Mike Rybinskov (646) 278-4642 (646) 278-4672 (646) 278-4639 [email protected] [email protected] [email protected]

Investment Summary ADDRESS:

647 SHEFFIELD AVENUE, BROOKLYN, NY 11207 BETWEEN NEW LOTS AND HEGEMAN AVENUES

DESCRIPTION:

A VACANT RESIDENTIAL BUILDING CONSISTING OF 12,366 SF OF DEVELOPMENT RIGHTS.

LOT SIZE:

59.17’ X 95’

LOT AREA: 5,621 SF

BUILT SIZE:

26’ X 32’

BUILT AREA: 3,298 SF

ADD’L BUILDABLE SF: 9,068 SF

TOTAL BUILDABLE SF: 12,366 SF

ZONING:

F.A.R: 2.2

C1-3/R6

TOTAL ASSESSMENT: $17,317

TAXES (14/15): $3,018*

BLOCK/LOT:

4298/76

PRICE:

$999,999

REMARKS:

(*) THE PROPERTY IS SUBJECT TO A BASIC SCHOOL TAX RELIEF; REFLECTED ABOVE. THE SITE IS LOCATED TWO BLOCKS FROM THE 2,3,4,5 TRAIN STATION.

ALL CASH

PROPERTY OVERVIEW

($80/BSF)

Epic Commercial Realty Tel: 212.226.9000 Fax: 212.226.1972 580 Broadway, Suite 1107, New York, NY 10012 www.epic-cr.com Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, no express representation is made nor is any implied as to the accuracy thereof and is subject to error, omissions, change of price, rental or other conditions, prior sale, rental or financing or withdrawal without notice. No warranties or representations are made as in the condition of the property of any hazards contained therein nor are any implied.

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