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99 Scott Ave
Brooklyn, NY 11237
Retail Property For Sale
Investment Highlights
- Surrounded by art studios, galleries, and dining options.
- Midtown Manhattan: 15–30 min drive.
- Corner property with 306 ft x 195 ft frontage.
- Located in an Opportunity Zone.
- Subway: 6-minute walk.
- Buildable Air Rights: 82,000 SF.
Executive Summary
99 Scott Avenue presents a rare investment opportunity in East Williamsburg/Bushwick, Brooklyn. Spanning 53,000 square feet of prime land, this fully leased property generates over $1 million in annual income and offers an additional 82,000 square feet of buildable rights for future development. Located in a vibrant, creative neighborhood and positioned within an Opportunity Zone, 99 Scott Avenue is ideal for investors seeking growth, flexibility, and long-term value.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
24,349 SF
Building Class
B
Year Built/Renovated
2014/2018
NOI
$1,462,342 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.47
Lot Size
1.19 AC
Opportunity Zone
Yes
Zoning
M3-1 - Commercial
Property Taxes
| Parcel Number | 02978-0046 | Improvements Assessment | $2,540,639 CAD |
| Land Assessment | $880,730 CAD | Total Assessment | $3,421,370 CAD |
Property Taxes
Parcel Number
02978-0046
Land Assessment
$880,730 CAD
Improvements Assessment
$2,540,639 CAD
Total Assessment
$3,421,370 CAD
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