sullivan

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262-264 PLACE sullivan

®

F o r s a l e | d e v e l o p m e n t s i t e | c r o w n H e i g h t s , N Y, 1 1 2 2 5

OFFERING

PROPERTY FACTS

CPEX Real Estate has been exclusively retained to market

Address:

262-264 Sullivan Pl., BK, NY 11225

Location:

Btwn Nostrand & Rogers Avenues

for sale 262-264 Sullivan Place. The two existing two-family properties sit on a combined lot which measures 49’ x 100’ and provides a footprint of 4,900 feet. DEVELOPMENT OPPORTUNITY • The property is zoned R7-1 with a maximum FAR of 3.44 • The Site allows approximately 16,856 buildable square feet • As of right the property could be developed into residential condominium or rental • The property is within walking distance to the Botanic Gardens, Brooklyn Museum, Brooklyn Library, and Prospect Park • Established retail and residential market in the surrounding area • Several new developments in the area and growing demand for housing

Block:

1308

Lots:

24 & 25

Buildings:

2

Floors:

2

Units:

4

Combined Lot Dimensions: 49’ x 100’* Building Lot SF:

4,900’*

Building Dimensions:

20’ x 57’*

Gross Building SF:

4,848’*

Zoning (14/15):

R7-1

FAR:

3.44

Buildable SF:

16,856’*

Assessment:

$45,450

Taxes:

$4,353

* Approximate

TRANSPORTATION The 2 and 5 subway lines are located 2 blocks at the Sterling Street subway station. The B , Q , and S subway lines are within walking distance at the Prospect Park metro Station. The area is serviced by the B41, B43, B44, B48, and B49 bus lines. Less than two blocks over is he Bedford Avenue bike path that runs from the North to the South of Brooklyn. Sullivan Place 24.5

Avenue

100 24.5

24.5

1308 Empire Boulevard

ASKING PRICE: $2,800,000 For Further Information, Please Contact Exclusive Sales Team: James O’Neill 718.687.4236 [email protected]

Sean R. Kelly, Esq. 718.687.4205 [email protected]

Sean Sears 718.687.4227 [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.

Nostrand Avenue

24 25 100

Rogers

100

100

24.5