Log In/Sign Up
Your email has been sent.
740 40th St 1.43 Acres of Commercial Land Offered at $14,989,692 CAD in Brooklyn, NY 11232
Investment Highlights
- Price is negotiable
Executive Summary
Take advantage of a newly reduced price on this exceptional 1.43-acre development site located at 740 40th Street in the heart of Brooklyn’s highly sought-after Sunset Park neighborhood.
This 125’ x 100’ vacant lot in an R7A zone offers a rare opportunity for high density development with a 5.0 FAR, yielding approximately 62,500 buildable square feet.
AG approval is already in place, streamlining with development process.
Located in Sunset prime area, one block away from Sunset Place Center Park.
This elevated property listing for sale offers strong potential for growth. The potential buyer(s) have the flexibility to develop the property for rental income or to construct condominiums for resale.
This is a prime opportunity for immediate expansion, as there are no open vacancies in the surrounding area.
Mass transit opportunities close by, including subway and city bus transportation.
*Price is negotiable*
This 125’ x 100’ vacant lot in an R7A zone offers a rare opportunity for high density development with a 5.0 FAR, yielding approximately 62,500 buildable square feet.
AG approval is already in place, streamlining with development process.
Located in Sunset prime area, one block away from Sunset Place Center Park.
This elevated property listing for sale offers strong potential for growth. The potential buyer(s) have the flexibility to develop the property for rental income or to construct condominiums for resale.
This is a prime opportunity for immediate expansion, as there are no open vacancies in the surrounding area.
Mass transit opportunities close by, including subway and city bus transportation.
*Price is negotiable*
Property Facts
| Price | $14,989,692 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.43 AC |
| Zoning | R7A - is a medium-density residential zoning district | ||
| Price | $14,989,692 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.43 AC |
| Zoning | R7A - is a medium-density residential zoning district |
1 Lot Available
Lot
| Price | $14,989,692 CAD | Lot Size | 1.43 AC |
| Price Per AC | $10,447,212.86 CAD |
| Price | $14,989,692 CAD |
| Price Per AC | $10,447,212.86 CAD |
| Lot Size | 1.43 AC |
This 125’ x 100’ vacant lot in an R7A zone
1 1
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 00919-0016 | Improvements Assessment | $183,182 CAD |
| Land Assessment | $194,980 CAD | Total Assessment | $378,162 CAD |
Property Taxes
Parcel Number
00919-0016
Land Assessment
$194,980 CAD
Improvements Assessment
$183,182 CAD
Total Assessment
$378,162 CAD
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Shulem Goldberger
740 40th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.