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Borough Park Assemblage 2 Retail Properties Offered at $8,825,216 CAD in Brooklyn, NY
Investment Highlights
- Prime Borough Park
- Delivered Vacant
- Corner building that is steps from the Subway
- Development or Redevelopment Opportunity
Executive Summary
• A development site on two contiguous lots with an as-of-right zoning entitlement to 13,118 buildable SF inclusive of community facility.
• The current Property can alternatively be redevelooped into 6 apartments with ground-floor commercial.
• Currently on-site are two (3) story buildings that will be delivered vacant.
• Existing building SF: 4504 is 3,390 SF and 4506 is 3,348 SF
• The current Property can alternatively be redevelooped into 6 apartments with ground-floor commercial.
• Currently on-site are two (3) story buildings that will be delivered vacant.
• Existing building SF: 4504 is 3,390 SF and 4506 is 3,348 SF
Property Facts
| Price | $8,825,216 CAD | Number of Properties | 2 |
| Price / SF | $1,310 CAD / SF | Individually For Sale | 0 |
| Sale Condition | Redevelopment Project | Total Building Size | 6,738 SF |
| Sale Type | Investment | Total Land Area | 0.06 AC |
| Status | Active |
| Price | $8,825,216 CAD |
| Price / SF | $1,310 CAD / SF |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 6,738 SF |
| Total Land Area | 0.06 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 4504 New Utrecht Ave, Brooklyn, NY 11219 | Retail | 3,390 SF | 1920 | - |
| 4506 New Utrecht Ave, Brooklyn, NY 11219 | Retail | 3,348 SF | 1920 | - |
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Borough Park Assemblage
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