110 East 53rd Street - Agorafy
40’ WIDE SITE WITH 12,000 BUILDABLE SQ. FT. IN THE HEART OF EAST FLATBUSH 110 East 53rd Street Brooklyn, NY 11203 BUILDING OVERVIEW Block/Lot Zoning Lot Dimensions Lot SF Building Dimensions Building SF Real Estate Taxes Additional Air Rights
4622 / 22 R6 40' x 100' 4,000 20' x 61' 2,440 $5,023 9,560 SF
(Approx.) (Approx.) (Approx.) (Approx.) ('14/'15) (Approx.)
110 East 53rd Street is a development site that is currently improved with a two family brick home. The site is located on the west side of 53rd Street between Winthrop Street and Clarkson Avenue. The lot measures 40 feet by 100 feet and totals 4,000 square feet. The site’s R6 zoning allows for 3.0 residential FAR with the wide street bonus or 12,000 buildable square feet. The property is located just a few blocks from Utica Avenue, a main retail corridor in East Flatbush. It is also in close proximity to Linden Boulevard and Kings Highway, which are the main thoroughfares in the area. The (4) express subway line stop at Utica Avenue and Eastern Expressway is within walking distance and provides access to Manhattan within 15 minutes. Additional public transportation is accessible by the (2) and (5) train lines and the B17 and B45 bus routes which are just three blocks from the property.
Price: $799,000 For complete offering information or inspection, please contact Exclusive Agents: Lev Kimyagaroy
Edward Gevinski Jr.
Jack Fornaciari
Brian Streilein
Director of Sales [email protected] Tel: (212) 660-7729
Director of Sales [email protected] Tel: (718) 307-6502
Associate [email protected] Tel: (212) 660-7757
Associate [email protected] Tel: (718) 307-6505
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
NEW JERSEY
QUEENS
STATEN ISLAND
WESTCHESTER
4622 / 22 R6 40' x 100' 4,000 20' x 61' 2,440 $5,023 9,560 SF
(Approx.) (Approx.) (Approx.) (Approx.) ('14/'15) (Approx.)
110 East 53rd Street is a development site that is currently improved with a two family brick home. The site is located on the west side of 53rd Street between Winthrop Street and Clarkson Avenue. The lot measures 40 feet by 100 feet and totals 4,000 square feet. The site’s R6 zoning allows for 3.0 residential FAR with the wide street bonus or 12,000 buildable square feet. The property is located just a few blocks from Utica Avenue, a main retail corridor in East Flatbush. It is also in close proximity to Linden Boulevard and Kings Highway, which are the main thoroughfares in the area. The (4) express subway line stop at Utica Avenue and Eastern Expressway is within walking distance and provides access to Manhattan within 15 minutes. Additional public transportation is accessible by the (2) and (5) train lines and the B17 and B45 bus routes which are just three blocks from the property.
Price: $799,000 For complete offering information or inspection, please contact Exclusive Agents: Lev Kimyagaroy
Edward Gevinski Jr.
Jack Fornaciari
Brian Streilein
Director of Sales [email protected] Tel: (212) 660-7729
Director of Sales [email protected] Tel: (718) 307-6502
Associate [email protected] Tel: (212) 660-7757
Associate [email protected] Tel: (718) 307-6505
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
NEW JERSEY
QUEENS
STATEN ISLAND
WESTCHESTER
