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712 Jerome St - Brooklyn Vacant land 6,600 BSF Approx. 0.09 Acres of Residential Land Offered at $819,749 CAD in Brooklyn, NY 11207

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INVESTMENT HIGHLIGHTS

  • Great Development Opportunity

EXECUTIVE SUMMARY

Premiere Real Estate Group Inc. presents the opportunity to purchase a development site located at 712 Jerome Street in the East New York neighborhood of Brooklyn. The site is composed of a 40’ x 100’ lot offering approximately 6,600 buildable square-feet. The lot is zoned R5 Infill with a residential FAR of 1.65. The development site is ideal for the construction of two (3)-family homes. East New York is experiencing a number of new residential projects including 250 Euclid Avenue, 2628 Fulton Street and 888 Fountain Avenue. In addition to the several new developments underway, the neighborhood has seen the rise of Gateway Center Shopping Plaza, retail along Elton Street, a new Thomas Jefferson High School Football Field, and the Spring Creek Educational Center. Three public parks and playgrounds are also planned for the area.

PROPERTY FACTS

Price $819,749 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 0.09 AC
Zoning R5

1 LOT AVAILABLE

Lot

Price $819,749 CAD
Price Per AC $8,927,105.94 CAD
Lot Size 0.09 AC

The site is composed of a 40’ x 100’ lot offering approximately 6,600 BSF. The lot is zoned R5 Infill with a residential FAR of 1.65. The development site is ideal for the construction of two (3)-family homes.

Walk Score®
Very Walkable (74)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 23870929

  • Date on Market: 2021-08-09

  • Last Updated:

  • Address: 712 Jerome St, Brooklyn, NY 11207

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