ISLAND avenue Simple Storage Service (S3)
®
619
coney ISLAND avenue
PROPERTY DESCRIPTION
DEVELOPMENT OPPORTUNITY
Location: 1 street away from Cortelyou Rd. Block/Lot: 5141-53 Building Class: G4 (Gas Station) Lot Size: 200’ x 56’ (Approx. Irregular) Lot SF: 11,261 (Approx.) Classification: C2-4/R6A FAR: 3.0 Total BSF: 33,783 (Approx.) Assessment (14/15): $341,010 Taxes (14/15): $27,780 ICIP Abatement: $81,000 Tax Rate: 10.684%
• • • • • •
Development Site Ditmas Park Brooklyn Brooklyn, NY, 11218
The property is zoned as C2-4/R6A with a maximum FAR of 3.0. The site allows approximately 33,783 buildable square feet. As of right, this property could be developed into a mixed-use condominium or rental. Property is situated outside of the Geographical Exclusionary Area (GEA) 421a “As of Right” Established retail and residential market in the surrounding area Several new developments in the area and a growing demand for housing.
PUBLIC TRANSPORTATION • •
The property is 8 blocks from the Q Subway Line via the Cortelyou Road station & 13 blocks from the the McDonald Ave station. The buses that service the area are the B68, B103, BM1, BM2, BM3, & BM4.
619
Subway Line via
coney ISLAND avenue
ASKING PRICE: $5,950,000 For Further Information, Please Contact Exclusive Sales Team: Sean R. Kelly, Esq. 718.687.4205 [email protected]
Orah Mansher 718.687.4216 [email protected]
Sean Sears 718.687.4227 [email protected]
James O’Neill 718.687.4236 [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, EXPENSES, RENT ROLLS, PERMITTED LEGAL USE, AND ALL OTHER INFORMATION PRESENTED HEREIN.
®
619
coney ISLAND avenue
619
619
Development Site Ditmas Park Brooklyn Brooklyn, NY, 11218
coney ISLAND avenue
coney ISLAND avenue
ASKING PRICE: $5,950,000 For Further Information, Please Contact Exclusive Sales Team: Sean R. Kelly, Esq. 718.687.4205 [email protected]
Orah Mansher 718.687.4216 [email protected]
Sean Sears 718.687.4227 [email protected]
James O’Neill 718.687.4236 [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, EXPENSES, RENT ROLLS, PERMITTED LEGAL USE, AND ALL OTHER INFORMATION PRESENTED HEREIN.
619
coney ISLAND avenue
PROPERTY DESCRIPTION
DEVELOPMENT OPPORTUNITY
Location: 1 street away from Cortelyou Rd. Block/Lot: 5141-53 Building Class: G4 (Gas Station) Lot Size: 200’ x 56’ (Approx. Irregular) Lot SF: 11,261 (Approx.) Classification: C2-4/R6A FAR: 3.0 Total BSF: 33,783 (Approx.) Assessment (14/15): $341,010 Taxes (14/15): $27,780 ICIP Abatement: $81,000 Tax Rate: 10.684%
• • • • • •
Development Site Ditmas Park Brooklyn Brooklyn, NY, 11218
The property is zoned as C2-4/R6A with a maximum FAR of 3.0. The site allows approximately 33,783 buildable square feet. As of right, this property could be developed into a mixed-use condominium or rental. Property is situated outside of the Geographical Exclusionary Area (GEA) 421a “As of Right” Established retail and residential market in the surrounding area Several new developments in the area and a growing demand for housing.
PUBLIC TRANSPORTATION • •
The property is 8 blocks from the Q Subway Line via the Cortelyou Road station & 13 blocks from the the McDonald Ave station. The buses that service the area are the B68, B103, BM1, BM2, BM3, & BM4.
619
Subway Line via
coney ISLAND avenue
ASKING PRICE: $5,950,000 For Further Information, Please Contact Exclusive Sales Team: Sean R. Kelly, Esq. 718.687.4205 [email protected]
Orah Mansher 718.687.4216 [email protected]
Sean Sears 718.687.4227 [email protected]
James O’Neill 718.687.4236 [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, EXPENSES, RENT ROLLS, PERMITTED LEGAL USE, AND ALL OTHER INFORMATION PRESENTED HEREIN.
®
619
coney ISLAND avenue
619
619
Development Site Ditmas Park Brooklyn Brooklyn, NY, 11218
coney ISLAND avenue
coney ISLAND avenue
ASKING PRICE: $5,950,000 For Further Information, Please Contact Exclusive Sales Team: Sean R. Kelly, Esq. 718.687.4205 [email protected]
Orah Mansher 718.687.4216 [email protected]
Sean Sears 718.687.4227 [email protected]
James O’Neill 718.687.4236 [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, EXPENSES, RENT ROLLS, PERMITTED LEGAL USE, AND ALL OTHER INFORMATION PRESENTED HEREIN.
