624 Metropolitan Avenue - Agorafy

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624 Metropolitan Avenue Mixed-Use Development Site for Sale Brooklyn, NY 11211 Address:

624 Metropolitan Avenue

Location:

Located on the south side of Metropolitan Avenue between Lorimer Street and Leonard Street

Block:

2762

Lot:

14

Lot Dimensions:

25’ x 100’

Zoning:

R7A w/ C2-4 overlay

Residential FAR:

3.45

Commercial FAR:

2.00

Inclusionary FAR:

4.60

Total Lot S.F.:

2,500

Total Buildable S.F.:

8,625

Assessment (14/15):

$17,317

Taxes (14/15):

$3,317.42

Lorimer Street L & Metropolitan Avenue G Train Station

The subject property is a 25’ x 100’ development site located in Williamsburg, Brooklyn. The site offers the potential to build a mixed-use or residential building less than a block from the entrance to the combined Lorimer Street L & Metropolitan Avenue G Train Station. The area is improved by many popular restaurant, bars and cafes which makes the site ideal for a project with a retail component.

624 Metropolitan Avenue

ASKING PR ICE: $3,300,000

For More information, Please contact: Brendan T. Maddigan 718-307-6507 [email protected]

Mark L. Lively 718-307-6524 [email protected]

Ethan S. Stanton 718-307-6553 [email protected]

Taylor A. Wos 718-307-6506 [email protected]

Michael L. Gigante 718-307-6555 [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.

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