Exclusive Listing
1776 Broadway, Brooklyn, NY 11207 & 483 Marion Street, Brooklyn, NY 11233 Two Ocean Hill Development Sites
Asking Price: $1,525,000
Exclusive Listing By Shay Zach & Shy Galor
Property Overview Company Overview
Two adjacent lots delivered with DOB and MTA fully approved plans for two buildings. 1776 Broadway is approved for a 4-story mixed-use building comprised of 3 free market apartments and 1 store (4,800 SF). 483 Marion Street is approved for a 3-story residential building comprised of 2 free market units (2,400 SF). To use the maximum air rights, buyer could add a setback 5th floor on 1776 Broadway, turning it into 6 apartments and 1 store (1st fl – store, 2nd and 3rd floors – 4 one-bedroom, 4th and 5th floors – 2 two-bedroom penthouses). On 483 Marion Street, buyer could add a full 4th floor and another setback 5th floor, making it ideal for 2 luxury units (1st, 2nd and 3rd floors – owner’s triplex, 4th and 5th floors – three-bedroom penthouse). The property is located next to the Chauncey St [J,Z] train station.
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Property Description
483 Marion Street Brooklyn, NY 11233
20’ X 100’ IRR
16.35’ X 90.67’ IRR
Lot SF
1,981 SF
1,360 SF
Approved Bldg Size
19’ X 66’
16.35’ X 49’
Approved Bldg Area
4,800 SF
2,400 SF
3.0 (Wide Street)
2.2
Max. Buildable SF
5,944 SF
2,992 SF
Zoning
C2-3/ R6
C2-3/ R6
Block/Lot
1517/21
1517/31
Assessment
$51,750
$25,650
$5,514
$2,733
Lot Dimensions
Max. FAR
Taxes (16/17) Asking Price Price Per SF As Of Right
$1,525,000 $171/BSF
Property Description Company Overview
1776 Broadway Brooklyn, NY 11207
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1776 Broadway
Approved Plans Company Overview
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Approved Plans Company Overview
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Approved Plans Company Overview
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Approved Plans Company Overview
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Approved Plans Company Overview
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483 Marion Street
Approved Plans Company Overview
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Approved Plans Company Overview
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Approved Plans Company Overview
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Approved Plans Company Overview
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Approved Plans Company Overview
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NeighborhoodOverview Company
Ocean Hill is an up-and-coming sub-neighborhood on the boundary of Bushwick and Bedford-Stuyvesant. The area has undergone a massive investment and development process over the past few years, particularly around the Jefferson and Dekalb [L] train stations. With new retail shops, restaurants and nightlife areas continuously opening up around the neighborhood, Ocean Hill has become one of the most desirable areas of Brooklyn.
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EPIC Commercial Realty represent clients from around the world, focusing on investment sales in the bustling New York metropolitan area. We provide the highest level of professionalism, comprehensive and innovative real estate solutions to investors, property owners, and corporations world-wide, and ensure our clients optimum, fast, and smooth transactions.
Collectively, EPIC professionals bring nearly 70 years of commercial real estate experience to your portfolio. Not surprisingly, such teamwork produces results beyond expectations as we incessantly deliver full consultation services based on detailed research and evaluation. Every indication demonstrates our talented and accomplished professionals are performing well beyond the industry standard for commercial real estate firms producing with excellence for clients in a global arena. EPIC continues to expand its management of commercial real estate investments throughout the Greater New York Metropolitan Area, including New York State and New Jersey.
Shay Zach Senior Associate Broker
Shy Galor Investment Sales Associate
Company Overview Company Overview
Based in Soho, NY our clients include storefront owners, retail chains, institutional landlords and real estate developers. EPIC is dedicated to continuously developing dynamic relationships resulting in increased capital beyond the expectation of our clients. Through such principles as integrity and hard work, we strive to develop into an esteemed commercial investment resource for property owners, investors, and corporations worldwide. The measure of our successes is determined by the quality of business relationships we forge. A multi-tier approach allows every aspect of our service to manage transactions for each client with specialized attention to maintaining our focus on timing and the market place.
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Epic Commercial Realty 580 Broadway, Suite 1107 New York, NY 10012 Tel: (212) 226-9000
Shay Zach Senior Associate Broker (646) 278-4621 [email protected] Shy Galor Investment Sales Associate (646) 278-4677 [email protected]
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Asking Price: $1,525,000
Exclusive Listing By Shay Zach & Shy Galor
Property Overview Company Overview
Two adjacent lots delivered with DOB and MTA fully approved plans for two buildings. 1776 Broadway is approved for a 4-story mixed-use building comprised of 3 free market apartments and 1 store (4,800 SF). 483 Marion Street is approved for a 3-story residential building comprised of 2 free market units (2,400 SF). To use the maximum air rights, buyer could add a setback 5th floor on 1776 Broadway, turning it into 6 apartments and 1 store (1st fl – store, 2nd and 3rd floors – 4 one-bedroom, 4th and 5th floors – 2 two-bedroom penthouses). On 483 Marion Street, buyer could add a full 4th floor and another setback 5th floor, making it ideal for 2 luxury units (1st, 2nd and 3rd floors – owner’s triplex, 4th and 5th floors – three-bedroom penthouse). The property is located next to the Chauncey St [J,Z] train station.
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Property Description
483 Marion Street Brooklyn, NY 11233
20’ X 100’ IRR
16.35’ X 90.67’ IRR
Lot SF
1,981 SF
1,360 SF
Approved Bldg Size
19’ X 66’
16.35’ X 49’
Approved Bldg Area
4,800 SF
2,400 SF
3.0 (Wide Street)
2.2
Max. Buildable SF
5,944 SF
2,992 SF
Zoning
C2-3/ R6
C2-3/ R6
Block/Lot
1517/21
1517/31
Assessment
$51,750
$25,650
$5,514
$2,733
Lot Dimensions
Max. FAR
Taxes (16/17) Asking Price Price Per SF As Of Right
$1,525,000 $171/BSF
Property Description Company Overview
1776 Broadway Brooklyn, NY 11207
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1776 Broadway
Approved Plans Company Overview
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Approved Plans Company Overview
5
Approved Plans Company Overview
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Approved Plans Company Overview
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Approved Plans Company Overview
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483 Marion Street
Approved Plans Company Overview
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Approved Plans Company Overview
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Approved Plans Company Overview
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Approved Plans Company Overview
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Approved Plans Company Overview
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NeighborhoodOverview Company
Ocean Hill is an up-and-coming sub-neighborhood on the boundary of Bushwick and Bedford-Stuyvesant. The area has undergone a massive investment and development process over the past few years, particularly around the Jefferson and Dekalb [L] train stations. With new retail shops, restaurants and nightlife areas continuously opening up around the neighborhood, Ocean Hill has become one of the most desirable areas of Brooklyn.
14
EPIC Commercial Realty represent clients from around the world, focusing on investment sales in the bustling New York metropolitan area. We provide the highest level of professionalism, comprehensive and innovative real estate solutions to investors, property owners, and corporations world-wide, and ensure our clients optimum, fast, and smooth transactions.
Collectively, EPIC professionals bring nearly 70 years of commercial real estate experience to your portfolio. Not surprisingly, such teamwork produces results beyond expectations as we incessantly deliver full consultation services based on detailed research and evaluation. Every indication demonstrates our talented and accomplished professionals are performing well beyond the industry standard for commercial real estate firms producing with excellence for clients in a global arena. EPIC continues to expand its management of commercial real estate investments throughout the Greater New York Metropolitan Area, including New York State and New Jersey.
Shay Zach Senior Associate Broker
Shy Galor Investment Sales Associate
Company Overview Company Overview
Based in Soho, NY our clients include storefront owners, retail chains, institutional landlords and real estate developers. EPIC is dedicated to continuously developing dynamic relationships resulting in increased capital beyond the expectation of our clients. Through such principles as integrity and hard work, we strive to develop into an esteemed commercial investment resource for property owners, investors, and corporations worldwide. The measure of our successes is determined by the quality of business relationships we forge. A multi-tier approach allows every aspect of our service to manage transactions for each client with specialized attention to maintaining our focus on timing and the market place.
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Epic Commercial Realty 580 Broadway, Suite 1107 New York, NY 10012 Tel: (212) 226-9000
Shay Zach Senior Associate Broker (646) 278-4621 [email protected] Shy Galor Investment Sales Associate (646) 278-4677 [email protected]
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