11 Cornelia Street | Brooklyn, NY 11221
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- LoopNet Team
11 Cornelia Street
Brooklyn, NY 11221
DEVELOPMENT OPPORTUNITY · Flex Property For Sale
INVESTMENT HIGHLIGHTS
- With three tax lots plus an in-place ZLDA with the neighboring property, this corner site totals roughly 38,000 buildable square feet .
- The property will be 100% vacant and unencumbered at closing. No structures exist on the property and no demolishing cost required.
- Property is in close proximity to Blink Fitness, Artist Supply Bushwick, Walgreens, Key Foods, several hotels.
- assemblage totals 165 feet of wraparound frontage (45’ x 125’) on the corner of Cornelia Street and Broadway.
- Falls in an Opportunity Zone, offering significant tax benefits in the way of a deferred capital gains program.
PROPERTY FACTS
| Property Type | Flex | No. Stories | 1 |
| Lot Size | 0.87 AC | Year Built | 2020 |
| Rentable Building Area | 38,000 SF | ||
| Zoning | R6 | ||
| Property Type | Flex |
| Lot Size | 0.87 AC |
| Rentable Building Area | 38,000 SF |
| No. Stories | 1 |
| Year Built | 2020 |
| Zoning | R6 |
PROPERTY TAXES
| Parcel Number | 03373-0057 | Improvements Assessment | $0 |
| Land Assessment | $57,047 | Total Assessment | $57,047 |
PROPERTY TAXES
Parcel Number
03373-0057
Land Assessment
$57,047
Improvements Assessment
$0
Total Assessment
$57,047
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