Mixed-Use Development Site FOR SALE - Agorafy
Mixed-Use Development Site FOR SALE 1414 Sheepshead Bay Road Sheepshead Bay, Brooklyn, NY 11235 Location Block/Lot Lot Dimensions Lot Size Zoning/FAR Building Size Potential
Q
Taxes (14/15)
Frontage on Sheepshead Bay Road and East 14th Street 7459/62 34.61' X 251.58'
(Irreg., Approx.)
18,350
(SF, Approx.)
C4-2 / 3.40 16,000
(SF, Approx.)
62,390 BSF
(Approx.)
112,935.00
B
DESCRIPTION: 1414 Sheepshead Bay Road is a mixed-use development opportunity on Sheepshead Bay’s premier retail corridor. The property is conveniently located next to the Sheepshead Bay Road [B & Q] subway stop and several bus lines (B4, B36, & B49), generating high pedestrian and vehicular traffic. The property lot offers approximately 35’ of frontage on Sheepshead Bay Road as well as 50’ on East 14th Street. The subject property is an unfinished single-story retail building. In addition to the existing 16,000 square feet structure, there is approximately 46,390 square feet of air rights. C4-2 zoning allows a residential and retail development of 62,390 square feet. Nearby commercial tenants include CVS Pharmacy, Bally’s Fitness, Subway, Applebee’s, Dunkin Donuts, Marshall’s, Loehmann’s, Bank of America, Citibank, and Chase. There is also a 240,000 SF residential development planned for construction down the street.
ASKING PRICE: $5,300,000 For complete offering information or inspection, please contact Exclusive Agents:
Alex Svetlakov
Brian J. Sarath
Samuel E. Protzmann
Edward C. Pierrepont
Director of Sales
Director of Sales
Associate
Associate
718.606.7062
718.512.2616
718.606.7061
718.512.2634
[email protected]
[email protected]
[email protected]
[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 indepen- dently 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 WW W.MASSEYKNAKAL.COM THE BRONX BROOKLYN MANHATTAN NASSAU QUEENS STATEN ISLAND WESTCHESTER
Mixed-Use Development Site FOR SALE 1414 Sheepshead Bay Road Sheepshead Bay, Brooklyn, NY 11235
1414 Sheepshead Bay Road
1414 Sheepshead Bay Road
1414 Sheepshead Bay Road
Future 240,000 SF Residential Development
*Above image from www.propertyshark.com
For complete offering information or inspection, please contact Exclusive Agents:
Alex Svetlakov
Brian J. Sarath
Samuel E. Protzmann
Edward C. Pierrepont
Director of Sales
Director of Sales
Associate
Associate
718.606.7062
718.512.2616
718.606.7061
718.512.2634
[email protected]
[email protected]
[email protected]
[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 indepen- dently 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 WW W.MASSEYKNAKAL.COM THE BRONX BROOKLYN MANHATTAN NASSAU QUEENS STATEN ISLAND WESTCHESTER
Q
Taxes (14/15)
Frontage on Sheepshead Bay Road and East 14th Street 7459/62 34.61' X 251.58'
(Irreg., Approx.)
18,350
(SF, Approx.)
C4-2 / 3.40 16,000
(SF, Approx.)
62,390 BSF
(Approx.)
112,935.00
B
DESCRIPTION: 1414 Sheepshead Bay Road is a mixed-use development opportunity on Sheepshead Bay’s premier retail corridor. The property is conveniently located next to the Sheepshead Bay Road [B & Q] subway stop and several bus lines (B4, B36, & B49), generating high pedestrian and vehicular traffic. The property lot offers approximately 35’ of frontage on Sheepshead Bay Road as well as 50’ on East 14th Street. The subject property is an unfinished single-story retail building. In addition to the existing 16,000 square feet structure, there is approximately 46,390 square feet of air rights. C4-2 zoning allows a residential and retail development of 62,390 square feet. Nearby commercial tenants include CVS Pharmacy, Bally’s Fitness, Subway, Applebee’s, Dunkin Donuts, Marshall’s, Loehmann’s, Bank of America, Citibank, and Chase. There is also a 240,000 SF residential development planned for construction down the street.
ASKING PRICE: $5,300,000 For complete offering information or inspection, please contact Exclusive Agents:
Alex Svetlakov
Brian J. Sarath
Samuel E. Protzmann
Edward C. Pierrepont
Director of Sales
Director of Sales
Associate
Associate
718.606.7062
718.512.2616
718.606.7061
718.512.2634
[email protected]
[email protected]
[email protected]
[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 indepen- dently 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 WW W.MASSEYKNAKAL.COM THE BRONX BROOKLYN MANHATTAN NASSAU QUEENS STATEN ISLAND WESTCHESTER
Mixed-Use Development Site FOR SALE 1414 Sheepshead Bay Road Sheepshead Bay, Brooklyn, NY 11235
1414 Sheepshead Bay Road
1414 Sheepshead Bay Road
1414 Sheepshead Bay Road
Future 240,000 SF Residential Development
*Above image from www.propertyshark.com
For complete offering information or inspection, please contact Exclusive Agents:
Alex Svetlakov
Brian J. Sarath
Samuel E. Protzmann
Edward C. Pierrepont
Director of Sales
Director of Sales
Associate
Associate
718.606.7062
718.512.2616
718.606.7061
718.512.2634
[email protected]
[email protected]
[email protected]
[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 indepen- dently 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 WW W.MASSEYKNAKAL.COM THE BRONX BROOKLYN MANHATTAN NASSAU QUEENS STATEN ISLAND WESTCHESTER
