2066 East 9th Street.indd
2066
EAST 9TH STREET
SHEEPSHEAD BAY BUILDING FOR SALE ADDRESS:
2066 East 9th Street, Brooklyn, NY
BLOCK / LOT:
7111 / 33
LOT DIMENSIONS(1):
60’ x 100’
LOT AREA(1):
6,000 SF
BUILDING DIMENSIONS (1):
45’ x 72’ Irr.
EXISTING BUILDING SF(1):
6,480
ZONING:
R5 - OP Special District
RESIDENTIAL FAR:
1.25
REMAINING AIR RIGHTS SF (1):
1,020
TOTAL BUILDABLE SF(1):
7,500
ASSESSMENT (15/16):
$517,230
RE TAXES (15/16):
$55,261
(2)
(1) (2)
ALL SQUARE FOOTAGES ARE APPROXIMATE CURRENT TAX BILL IS $0 DUE TO RELIGIOUS-SCHOOL EXEMPTION
ASKING PRICE: $1,925,000
DESCRIPTION:
A two-story building located on the west side of East 9th Street between Avenue U and Avenue T in the Sheepshead Bay neighborhood of Brooklyn. The building is currently occupied by a religious facility, but can be delivered vacant, allowing for a business or institution to take immediate occupancy. Alternatively, a developer could build out the maximum envelope of the site by constructing multiple single family homes or an apartment building. The property features 60’ of frontage and is on a mostly residential street. Around the corner are popular local eateries including Sahara Restaurant, Taci’s Beyti, and Pho Vietnam. It is within two blocks of the Ocean Parkway bike path, and within walking distance to the B & Q train stop at Avenue U. This represents an excellent user or development opportunity in one of Brooklyn’s most stable neighborhoods.
For further information or inspection please contact Exclusive Agents:
J AMES N ELSON
A LIAKSANDR S VETLAKOU
B RANDON P OLAKOFF
S AMUEL P ROTZMANN
Vice Chairman 212.696.2500 x 7710 [email protected]
Director 718.606.7062 [email protected]
Associate 212.660.7755 [email protected]
Associate 718.238.8999 [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.
275 Madison Avenue • Third Floor • New York, NY 10016 • 212.696.2500 • Fax 212.696.0333 www.masseyknakal.com
EAST 9TH STREET
SHEEPSHEAD BAY BUILDING FOR SALE ADDRESS:
2066 East 9th Street, Brooklyn, NY
BLOCK / LOT:
7111 / 33
LOT DIMENSIONS(1):
60’ x 100’
LOT AREA(1):
6,000 SF
BUILDING DIMENSIONS (1):
45’ x 72’ Irr.
EXISTING BUILDING SF(1):
6,480
ZONING:
R5 - OP Special District
RESIDENTIAL FAR:
1.25
REMAINING AIR RIGHTS SF (1):
1,020
TOTAL BUILDABLE SF(1):
7,500
ASSESSMENT (15/16):
$517,230
RE TAXES (15/16):
$55,261
(2)
(1) (2)
ALL SQUARE FOOTAGES ARE APPROXIMATE CURRENT TAX BILL IS $0 DUE TO RELIGIOUS-SCHOOL EXEMPTION
ASKING PRICE: $1,925,000
DESCRIPTION:
A two-story building located on the west side of East 9th Street between Avenue U and Avenue T in the Sheepshead Bay neighborhood of Brooklyn. The building is currently occupied by a religious facility, but can be delivered vacant, allowing for a business or institution to take immediate occupancy. Alternatively, a developer could build out the maximum envelope of the site by constructing multiple single family homes or an apartment building. The property features 60’ of frontage and is on a mostly residential street. Around the corner are popular local eateries including Sahara Restaurant, Taci’s Beyti, and Pho Vietnam. It is within two blocks of the Ocean Parkway bike path, and within walking distance to the B & Q train stop at Avenue U. This represents an excellent user or development opportunity in one of Brooklyn’s most stable neighborhoods.
For further information or inspection please contact Exclusive Agents:
J AMES N ELSON
A LIAKSANDR S VETLAKOU
B RANDON P OLAKOFF
S AMUEL P ROTZMANN
Vice Chairman 212.696.2500 x 7710 [email protected]
Director 718.606.7062 [email protected]
Associate 212.660.7755 [email protected]
Associate 718.238.8999 [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.
275 Madison Avenue • Third Floor • New York, NY 10016 • 212.696.2500 • Fax 212.696.0333 www.masseyknakal.com
