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1283 Saint Marks Ave - Up to 15,171 BSF Development Site in Brooklyn 0.09 Acres of Commercial Land Offered at $1,798,394 CAD in Brooklyn, NY 11213
EXECUTIVE SUMMARY
? 2,500 sq. ft. residential building delivered vacant and ready for redevelopment
? 0.6 miles to A/C trains at Utica Ave & 2, 3, 4, 5 trains at Crown Heights-Utica Ave
? Low annual taxes of $2,608
? Close to local retail, parks, and schools, offering convenience for future residents
PROPERTY FACTS
| Price | $1,798,394 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 0.09 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | R6 - Zoned R6 on a narrow street, the site allows for a new residential building of up to 8,558 sq. ft. at market rate (15,171 sq. ft. with UAP). | ||
| Price | $1,798,394 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.09 AC |
| Opportunity Zone |
Yes |
| Zoning | R6 - Zoned R6 on a narrow street, the site allows for a new residential building of up to 8,558 sq. ft. at market rate (15,171 sq. ft. with UAP). |
1 LOT AVAILABLE
Lot
| Price | $1,798,394 CAD | Lot Size | 0.09 AC |
| Price Per AC | $20,138,340.37 CAD |
| Price | $1,798,394 CAD |
| Price Per AC | $20,138,340.37 CAD |
| Lot Size | 0.09 AC |
Introducing a development opportunity in Crown Heights. This midblock site spans 3,890 sq. ft. (25’ x 155’) and currently features a 2,500 sq. ft. residential building, to be delivered vacant for immediate redevelopment. Up to 15,171 BSF UAP.
DESCRIPTION
Introducing a development opportunity in Crown Heights. This midblock site spans 3,890 sq. ft. (25’ x 155’) and currently features a 2,500 sq. ft. residential building, to be delivered vacant for immediate redevelopment. Zoned R6 on a narrow street, the site allows for a new residential building of up to 8,558 sq. ft. at market rate (15,171 sq. ft. with UAP). Located just 0.6 miles from the A/C trains at Utica Ave and 2, 3, 4, 5 trains at Crown Heights-Utica Ave, the property offers convenient transit access to Manhattan, Downtown Brooklyn, and other key neighborhoods. Crown Heights is experiencing notable growth and demand for residential spaces, making this an ideal location for development with easy access to transportation and local amenities. With the ongoing revitalization in the area, this property presents a significant opportunity for developers seeking to capitalize on the evolving real estate market.
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1283 Saint Marks Ave - Up to 15,171 BSF Development Site in Brooklyn
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