parkway
379
®
ocean parkway
F o r s a l e | d e v e l o p m e n t s i t e | k e n s i n g t o n , b r o o k ly n , N Y 1 1 2 1 8
PROPERTY FACTS Location:
Between Avenue C and Cortelyou Road
Block:
5375
Lots:
70*
Building Class:
B2*
Lot Size:
40’ x 150’*
Lot SF:
6,000*
Gross SF:
2,677* * approximate
ZONING INFORMATION Classification:
Total:
R7A/OP
Residential FAR:
R5
4
1.25
Combined Lot SF:
4,980
1,020
6,000
Buildable SF:
19,920
1,275
21,195
FINANCIALS Assessment (15/16):
$46,156
Taxes (15/16):
$8,540
Tax Rate (15/16):
19.1570%
DEVELOPMENT OPPORTUNITY • The Property is zoned R5/R7A/OP with a FAR of 1.25 for Community and Residential use. • The site offers 21,195 Community and Residential buildable square feet. • “As of Right” this property could be developed into a condominium or rental building. • Walking distance to all necessary retail and restaurants on Cortelyou Road and an 8 minute walk to Prospect Park.
379 Ocean Parkway
TRANSPORTATION The site is located 8 blocks from the Q train via the Cortelyou stop, 5 blocks from the F train via the Ditmas Avenue stop and 6 blocks from the F & G via the Church Avenue subway station. The BM1 , BM2, BM3, BM4, B16, B35, B67, B69, and B103 bus lines service the area.
DEMOGRAPHICS 2015 Demographics (Estimated)
.25 mile
.5 mile
.75 mile
POPULATION
16,760
49,195
106,053
AVERAGE HOUSEHOLD INCOME
$65,245
$67,263
$66,078
44,179 (cars per day)
TRAFFIC COUNT
3,423,693 (annual)
SUBWAY RIDERSHIP
ASKING PRICE: $3,800,000 For Further Information, Please Contact Exclusive Sales Team: Sean R. Kelly, Esq. 718.687.4205 [email protected]
Sean Sears 718.687.4227 [email protected]
Gina Damond 718.687.4216 [email protected]
Jason Weisfeld 718.687.4221 [email protected]
CPEX Real Estate | 81 Willoughby Street, 8th Fl | Brooklyn, NY 11201 | Tel: (718) 935-1800 | Fax: (718) 935-1822 | www.cpexre.com All information contained herein was provided by or obtained from the owner of the property or from sources that we deem reliable. Though we have no reason to doubt the validity of the information, we do not warrant any information disclosed. IT IS STRONGLY URGED THAT THE PROSPECTIVE PURCHASER CAREFULLY VERIFY EACH ITEM OF SIZE, RE TAXES, PERMITTED LEGAL USE, AND ALL OTHER INFORMATION PRESENTED HEREIN.
®
379
ocean parkway
F o r s a l e | d e v e l o p m e n t s i t e | k e n s i n g t o n , b r o o k ly n , N Y 1 1 2 1 8
379
ocean parkway
40
150
70
Cortelyou Road
5375
150
Avenue C
East 7th Street
40
Ocean Parkway
ASKING PRICE: $3,800,000 For Further Information, Please Contact Exclusive Sales Team: Sean R. Kelly, Esq. 718.687.4205 [email protected]
Sean Sears 718.687.4227 [email protected]
Gina Damond 718.687.4216 [email protected]
Jason Weisfeld 718.687.4221 [email protected]
CPEX Real Estate | 81 Willoughby Street, 8th Fl | Brooklyn, NY 11201 | Tel: (718) 935-1800 | Fax: (718) 935-1822 | www.cpexre.com All information contained herein was provided by or obtained from the owner of the property or from sources that we deem reliable. Though we have no reason to doubt the validity of the information, we do not warrant any information disclosed. IT IS STRONGLY URGED THAT THE PROSPECTIVE PURCHASER CAREFULLY VERIFY EACH ITEM OF SIZE, RE TAXES, PERMITTED LEGAL USE, AND ALL OTHER INFORMATION PRESENTED HEREIN.
®
ocean parkway
F o r s a l e | d e v e l o p m e n t s i t e | k e n s i n g t o n , b r o o k ly n , N Y 1 1 2 1 8
PROPERTY FACTS Location:
Between Avenue C and Cortelyou Road
Block:
5375
Lots:
70*
Building Class:
B2*
Lot Size:
40’ x 150’*
Lot SF:
6,000*
Gross SF:
2,677* * approximate
ZONING INFORMATION Classification:
Total:
R7A/OP
Residential FAR:
R5
4
1.25
Combined Lot SF:
4,980
1,020
6,000
Buildable SF:
19,920
1,275
21,195
FINANCIALS Assessment (15/16):
$46,156
Taxes (15/16):
$8,540
Tax Rate (15/16):
19.1570%
DEVELOPMENT OPPORTUNITY • The Property is zoned R5/R7A/OP with a FAR of 1.25 for Community and Residential use. • The site offers 21,195 Community and Residential buildable square feet. • “As of Right” this property could be developed into a condominium or rental building. • Walking distance to all necessary retail and restaurants on Cortelyou Road and an 8 minute walk to Prospect Park.
379 Ocean Parkway
TRANSPORTATION The site is located 8 blocks from the Q train via the Cortelyou stop, 5 blocks from the F train via the Ditmas Avenue stop and 6 blocks from the F & G via the Church Avenue subway station. The BM1 , BM2, BM3, BM4, B16, B35, B67, B69, and B103 bus lines service the area.
DEMOGRAPHICS 2015 Demographics (Estimated)
.25 mile
.5 mile
.75 mile
POPULATION
16,760
49,195
106,053
AVERAGE HOUSEHOLD INCOME
$65,245
$67,263
$66,078
44,179 (cars per day)
TRAFFIC COUNT
3,423,693 (annual)
SUBWAY RIDERSHIP
ASKING PRICE: $3,800,000 For Further Information, Please Contact Exclusive Sales Team: Sean R. Kelly, Esq. 718.687.4205 [email protected]
Sean Sears 718.687.4227 [email protected]
Gina Damond 718.687.4216 [email protected]
Jason Weisfeld 718.687.4221 [email protected]
CPEX Real Estate | 81 Willoughby Street, 8th Fl | Brooklyn, NY 11201 | Tel: (718) 935-1800 | Fax: (718) 935-1822 | www.cpexre.com All information contained herein was provided by or obtained from the owner of the property or from sources that we deem reliable. Though we have no reason to doubt the validity of the information, we do not warrant any information disclosed. IT IS STRONGLY URGED THAT THE PROSPECTIVE PURCHASER CAREFULLY VERIFY EACH ITEM OF SIZE, RE TAXES, PERMITTED LEGAL USE, AND ALL OTHER INFORMATION PRESENTED HEREIN.
®
379
ocean parkway
F o r s a l e | d e v e l o p m e n t s i t e | k e n s i n g t o n , b r o o k ly n , N Y 1 1 2 1 8
379
ocean parkway
40
150
70
Cortelyou Road
5375
150
Avenue C
East 7th Street
40
Ocean Parkway
ASKING PRICE: $3,800,000 For Further Information, Please Contact Exclusive Sales Team: Sean R. Kelly, Esq. 718.687.4205 [email protected]
Sean Sears 718.687.4227 [email protected]
Gina Damond 718.687.4216 [email protected]
Jason Weisfeld 718.687.4221 [email protected]
CPEX Real Estate | 81 Willoughby Street, 8th Fl | Brooklyn, NY 11201 | Tel: (718) 935-1800 | Fax: (718) 935-1822 | www.cpexre.com All information contained herein was provided by or obtained from the owner of the property or from sources that we deem reliable. Though we have no reason to doubt the validity of the information, we do not warrant any information disclosed. IT IS STRONGLY URGED THAT THE PROSPECTIVE PURCHASER CAREFULLY VERIFY EACH ITEM OF SIZE, RE TAXES, PERMITTED LEGAL USE, AND ALL OTHER INFORMATION PRESENTED HEREIN.
