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1425-1427 Hart pl - Development Site with Pre Approved Plans 0.19 Acres of Commercial Land Offered at $4,793,984 CAD in Brooklyn, NY 11224

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Investment Highlights

Over 8,000 SF Development Site on Hart Pl & West 15th St
72' of Frontage
Great Investment Opportunity

Pre-Approved Plans for 28,701 SF 7-Floor Commercial Building
Proposed 32 Parking Spaces

Executive Summary

Located at 1425-1427 Hart Place in the bustling heart of Brooklyn, NY, this expansive development lot presents an exceptional investment opportunity. Spanning over 8,000 square feet, the property is ideally situated at the intersection of Hart Place and West 15th Street, offering prime visibility and easy access. The site comes with pre-approved plans for a 28,701-square-foot, seven-floor commercial building, designed to meet the needs of modern businesses. With 72 feet of frontage, the lot ensures ample exposure and offers the potential to create a dynamic, multi-purpose space. The proposed development includes 32 parking spaces, addressing the growing demand for convenient parking in this vibrant area. This is a rare chance to capitalize on a well-positioned property with significant potential for growth and a high return on investment.

1425-1427 Hart Place - Setup for Sale

Property Facts

Price	$4,793,984 CAD	Property Subtype	Commercial
Sale Type	Investment	Total Lot Size	0.19 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land
Zoning	M2-1, M1-2 - M2-1 and M1-2 are zoning designations for manufacturing districts. M2-1 is a medium manufacturing district, while M1-2 is a light manufacturing distri

Price	$4,793,984 CAD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Total Lot Size	0.19 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	M2-1, M1-2 - M2-1 and M1-2 are zoning designations for manufacturing districts. M2-1 is a medium manufacturing district, while M1-2 is a light manufacturing distri

1 Lot Available

Lot

Price	$4,793,984 CAD	Lot Size	0.19 AC
Price Per AC	$25,641,623.23 CAD

Price	$4,793,984 CAD
Price Per AC	$25,641,623.23 CAD
Lot Size	0.19 AC

Vacant Lot - Development Site with Pre-Approved Building Plans for 7 Story Commercial Building - For Sale

Description

The development lot at 1425-1427 Hart Place in the Coney Island neighborhood of Brooklyn offers a promising opportunity for investors and developers. Spanning over 8,000 square feet, the site is located at the intersection of Hart Place and West 15th Street, providing convenient access and visibility. With pre-approved plans for a seven-floor, 28,701-square-foot commercial building, the project includes a mix of commercial, manufacturing, and office spaces. The first three floors are designated for commercial and manufacturing use, while the upper floors (four through seven) are planned for commercial offices. Additionally, the building will feature a commercial roof space and a proposed 32 parking spaces. Zoned M1-2 and M2-1, the property offers flexible possibilities for a range of business uses, making it an attractive investment in a growing Brooklyn neighborhood.

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