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103 Empire Blvd - DEVELOPMENT OPPURTUNITY 0.37 Acres of Commercial Land Offered at $19,713,307 CAD in Brooklyn, NY 11225
EXECUTIVE SUMMARY
Marcus & Millichap have been exclusively retained by ownership to arrange the sale of 103 Empire Boulevard.
The development site located on the border of Crown Heights / Prospect-Lefferts Gardens. The block-through site between Empire Boulevard and Sullivan Place. The subject site is a 80 ft x 200 ft R6/C1-3, C8-2 zoned lot (Block: 1306 Lot: 37) and totals 16,000 square feet.
With the current zoning, and the city of Yes, the subject site can for up to a total of 80,000 buildable square feet.
103 Empire Boulevard is located three blocks away from both the Prospect Park subway station, serviced by the B, S & Q lines, and the Sterling Street subway station, serviced by the 2 & 5 lines.
Developers have the opportunity to purchase a strategically located development site in the popular Prospect-Lefferts Gardens / Crown Heights neighborhoods where commercial rents, residential rents, and property values remain strong.
The purchaser can capitalize on its close proximity to public transportation and Prospect Park.
The development site located on the border of Crown Heights / Prospect-Lefferts Gardens. The block-through site between Empire Boulevard and Sullivan Place. The subject site is a 80 ft x 200 ft R6/C1-3, C8-2 zoned lot (Block: 1306 Lot: 37) and totals 16,000 square feet.
With the current zoning, and the city of Yes, the subject site can for up to a total of 80,000 buildable square feet.
103 Empire Boulevard is located three blocks away from both the Prospect Park subway station, serviced by the B, S & Q lines, and the Sterling Street subway station, serviced by the 2 & 5 lines.
Developers have the opportunity to purchase a strategically located development site in the popular Prospect-Lefferts Gardens / Crown Heights neighborhoods where commercial rents, residential rents, and property values remain strong.
The purchaser can capitalize on its close proximity to public transportation and Prospect Park.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $19,713,307 CAD | Lot Size | 0.37 AC |
| Price Per AC | $53,669,544.67 CAD |
| Price | $19,713,307 CAD |
| Price Per AC | $53,669,544.67 CAD |
| Lot Size | 0.37 AC |
The development site located on the border of Crown Heights / Prospect-Lefferts Gardens. The block-through site between Empire Boulevard and Sullivan Place. The subject site is a 80 ft x 200 ft R6/C1-3, C8-2 zoned lot (Block: 1306 Lot: 37)
Walk Score®
Walker's Paradise (94)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (86)
PROPERTY TAXES
| Parcel Number | 01306-0037 | Improvements Assessment | $1,643,145 CAD |
| Land Assessment | $302,884 CAD | Total Assessment | $1,946,029 CAD |
PROPERTY TAXES
Parcel Number
01306-0037
Land Assessment
$302,884 CAD
Improvements Assessment
$1,643,145 CAD
Total Assessment
$1,946,029 CAD
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103 Empire Blvd - DEVELOPMENT OPPURTUNITY
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