Presentation title - Agorafy
Gowanus Development Site 577 3RD AVENUE, BROOKLYN, NY
FOR SALE
PROPERTY HIGHLIGHTS
Asking Price: $ 6,900,000
The subject development site is located on the east side of 3 rd Avenue in the Gowanus neighborhood of Brooklyn. The property consists of three contiguous lots, two on 3rd Avenue and one on 16th Street, forming a block through assemblage. The combined lots offer multiple development opportunities for rental apartments, condos, or mixed use condominiums. The assemblage of the three lots total 7,130 SF, and with split zoning of R6A and R6B, the development site allows for 21,242 SF of total buildable square footage. Proposed plans for the development site include a seven-story mixed use condominium project with 1 commercial space, 7 convertible studios, 5 1-bedrooms, 7 2-bedrooms, 17 storage rooms, and 10 parking spaces. This property is ideally located on the border of Gowanus and South Slope and is a short walk from the Prospect Avenue (R) subway station to the south and the 4th Avenue (F,G) and 9th Street (R) trains to the north. The B37 train stop is located almost directly in front of the property and the area is also serviced by the B63, B61, and B103 bus routes. The development site is situated just off of the highly desirable 4 th Avenue corridor. The neighborhood benefits from its excellent school system, parks, shops, and top rated restaurants. For more information, please inquire within.
F G R PROPERTY FEATURES Location
Located on the east side of 3rd Avenue between 15th and 16th Streets and on the north side of 16th Street between 3rd and 4th Avenues.
Block / Lot Lot Dimensions (combined)
1046 / 7, 6, 76 42.5’ x 112.92’ & 18.58’ x 45.25’
R Lot Size (combined)
7,130 sf (approx.)
Zoning
R6A / R6B
FAR
3.00
Total Buildable SF
21,242*
Assessment: (15/16)
$143,162
Taxes: (15/16)
$17,576
* as per approved plans For More Information, Please Contact: Winfield Clifford Director 718 606 7054 [email protected]
Aaron Warkov Director 718 307 6551 [email protected]
Adam Ecker Senior Associate 718 606 7049 [email protected]
William Barrett Associate 718 606 7047 [email protected]
Cushman & Wakefield 205 Montague Street, 3rd Fl. Brooklyn, NY 11201 phone: +1 718 238 8999 nyinvestmentsales.com
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, Cushman & wakefield copyright 2015. or Noother warranty or representation, express or implied, made thespecial accuracy or completeness of the information containedowner(s). herein, andAs same is submitted to errors, omissions,as change price, omissions, change of price, rental conditions, withdrawal without notice,isand to to any listing conditions imposed by the property applicable, we subject make no representation to theofcondition rental other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. of theorproperty (or properties) in question.
FOR SALE
PROPERTY HIGHLIGHTS
Asking Price: $ 6,900,000
The subject development site is located on the east side of 3 rd Avenue in the Gowanus neighborhood of Brooklyn. The property consists of three contiguous lots, two on 3rd Avenue and one on 16th Street, forming a block through assemblage. The combined lots offer multiple development opportunities for rental apartments, condos, or mixed use condominiums. The assemblage of the three lots total 7,130 SF, and with split zoning of R6A and R6B, the development site allows for 21,242 SF of total buildable square footage. Proposed plans for the development site include a seven-story mixed use condominium project with 1 commercial space, 7 convertible studios, 5 1-bedrooms, 7 2-bedrooms, 17 storage rooms, and 10 parking spaces. This property is ideally located on the border of Gowanus and South Slope and is a short walk from the Prospect Avenue (R) subway station to the south and the 4th Avenue (F,G) and 9th Street (R) trains to the north. The B37 train stop is located almost directly in front of the property and the area is also serviced by the B63, B61, and B103 bus routes. The development site is situated just off of the highly desirable 4 th Avenue corridor. The neighborhood benefits from its excellent school system, parks, shops, and top rated restaurants. For more information, please inquire within.
F G R PROPERTY FEATURES Location
Located on the east side of 3rd Avenue between 15th and 16th Streets and on the north side of 16th Street between 3rd and 4th Avenues.
Block / Lot Lot Dimensions (combined)
1046 / 7, 6, 76 42.5’ x 112.92’ & 18.58’ x 45.25’
R Lot Size (combined)
7,130 sf (approx.)
Zoning
R6A / R6B
FAR
3.00
Total Buildable SF
21,242*
Assessment: (15/16)
$143,162
Taxes: (15/16)
$17,576
* as per approved plans For More Information, Please Contact: Winfield Clifford Director 718 606 7054 [email protected]
Aaron Warkov Director 718 307 6551 [email protected]
Adam Ecker Senior Associate 718 606 7049 [email protected]
William Barrett Associate 718 606 7047 [email protected]
Cushman & Wakefield 205 Montague Street, 3rd Fl. Brooklyn, NY 11201 phone: +1 718 238 8999 nyinvestmentsales.com
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, Cushman & wakefield copyright 2015. or Noother warranty or representation, express or implied, made thespecial accuracy or completeness of the information containedowner(s). herein, andAs same is submitted to errors, omissions,as change price, omissions, change of price, rental conditions, withdrawal without notice,isand to to any listing conditions imposed by the property applicable, we subject make no representation to theofcondition rental other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. of theorproperty (or properties) in question.
