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249-251 4th Ave
Brooklyn, NY 11215
Special Gowanus Mixed-Use - Development Site · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Special Gowanus Mixed-Use District - Development Site - 34,000 Buildable SF
- Located in Park Slope between Carrol and President Streets.
- This attractive development site is surrounded by historic buildings top rated restaurants, bars and shops and is a short walk to Prospect Park.
EXECUTIVE SUMMARY
249 4th Avenue is currently configured as a 3,200 SF two story commercial building. The property will be delivered vacant and sits on a 40' x 100 ' lot within the Special Gowanus Mixed-Use District which increases the FAR from 6.02 to 8.5 and allows for a total residential buildable of 34,000 SF. In addition, 249 4th Ave is classified as a Mandatory Inclusionary Housing Site which calls for 20-30% of the units to be affordable for low-moderate income residents.
Located in Park Slope between Carrol and President Streets, this attractive development site is surrounded by historic buildings, top-rated restaurants, bars, and shops and is a short walk to Prospect Park.
Located in Park Slope between Carrol and President Streets, this attractive development site is surrounded by historic buildings, top-rated restaurants, bars, and shops and is a short walk to Prospect Park.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
6,000 SF
Building Class
C
Year Built
1921
Price
$17,195,250 CAD
Price Per SF
$2,865.88 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.50
Lot Size
0.09 AC
Zoning
R8A - High density residential district
Frontage
42’ on 4th Ave
AMENITIES
- Bus Line
- Commuter Rail
- Metro/Subway
- Roof Terrace
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 00958-0002 | Improvements Assessment | $710,952 CAD |
| Land Assessment | $125,721 CAD | Total Assessment | $836,673 CAD |
PROPERTY TAXES
Parcel Number
00958-0002
Land Assessment
$125,721 CAD
Improvements Assessment
$710,952 CAD
Total Assessment
$836,673 CAD
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