Log In/Sign Up
Your email has been sent.
2258 Atlantic Ave 5,810 SF Retail Building Brooklyn, NY 11233 $4,113,150 CAD ($707.94 CAD/SF)
Investment Highlights
- The development opportunity is on the corner of Atlantic Ave & Rockaway Avenue in the Ocean Hill section of Brooklyn
- The combined lot dimensions are 83 ft x 70 ft totaling 5,180 SF
- Delivered vacant, offering flexibility for ground-up development
- The assemblage offers 4 contiguous lots with 83 ft of frontage along Atlantic Avenue and 70 ft along Rockaway Avenue
- Zoned R6 (3.0 wide street) Offering 17,430 sf as of right with 3.9 UAP bonus brining the allowable BSF to 22,659
- Positioned on a major corridor with strong visibility and access to multiple subway lines
Executive Summary
Investment Property Realty Group (IPRG) has been exclusively retained to sell 2258 Atlantic Avenue & 187-189 Rockaway Avenue (Rockaway Ave Assemblage). The development opportunity is on the corner of Atlantic Ave & Rockaway Avenue in the Ocean Hill section of Brooklyn.
The assemblage offers 4 contiguous lots with 83 ft of frontage along Atlantic Avenue and 70 ft along Rockaway Avenue. The combined lot dimensions are 83 ft x 70 ft totaling 5,810 SF approximately and is zoned R6 (3.0 wide street). Offering 17,430 square feet as of right with a 3.9 UAP bonus bringing the allowable buildable square feet to 22,659 square feet.
The property is located within walking distance (0.2 miles) to the Rockaway Avenue C train station. It is also conveniently located in short walking distance (0.6 mi) to Broadway junction allowing for transportation all over NYC.
The assemblage offers 4 contiguous lots with 83 ft of frontage along Atlantic Avenue and 70 ft along Rockaway Avenue. The combined lot dimensions are 83 ft x 70 ft totaling 5,810 SF approximately and is zoned R6 (3.0 wide street). Offering 17,430 square feet as of right with a 3.9 UAP bonus bringing the allowable buildable square feet to 22,659 square feet.
The property is located within walking distance (0.2 miles) to the Rockaway Avenue C train station. It is also conveniently located in short walking distance (0.6 mi) to Broadway junction allowing for transportation all over NYC.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Building Size
5,810 SF
Building Class
C
Year Built
1920
Price
$4,113,150 CAD
Price Per SF
$707.94 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
R6 - Medium density residential district
Walk Score®
Walker's Paradise (90)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (72)
Nearby Major Retailers
Property Taxes
| Parcel Number | 01435-0007 | Improvements Assessment | $139,175 CAD |
| Land Assessment | $46,599 CAD | Total Assessment | $185,773 CAD |
Property Taxes
Parcel Number
01435-0007
Land Assessment
$46,599 CAD
Improvements Assessment
$139,175 CAD
Total Assessment
$185,773 CAD
Contacts
-
Steve Reynolds -
Derek Bestreich -
Tom Reynolds -
Brian Davila -
Christian Ingenito -
Investment Property Realty Group
1 of 16
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
2258 Atlantic Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.