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2210 Newkirk Ave
Brooklyn, NY 11226
Dev Site-QOZ w/ Preliminary Plans · Terrain À vendre
·
0,32 AC
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Faits saillants de l'investissement
- Located in high-demand Ditmas Park neighborhood of Brooklyn.
- Suitable for multistory condo development with strong ROI potential.
- Offers over 14,000 sq ft of buildable space with additional FAR potential.
- Surrounded by residential and commercial amenities, enhancing long-term value.
Résumé de l'annonce
Projected Numbers:
$2.9 mil for property
$300 per sq ft × 14,170 sq ft = 4.5 mil
Soft costs $.5 mil
Financing fees $.5 mil
Miscellaneous. $.5 il
Total cost= 8.9 mil
13,500 livable sq ft × $1,000 per sq ft = 13.5 mil.
13.5- 8.9 = 4.6 mil.
50% profit
The existing structure is a two-family home built in 1899, measuring 24 by 29 feet and providing around 3,500 square feet of current space. There’s a tremendous amount of unused FAR and additional square feet of unused floor area, creating the potential to build a five-story structure with multiple units per floor. Based on zoning and preliminary plans, the site could accommodate up to 16 residential units.
Located in a lively neighborhood, the property is close to the Brooklyn Botanic Garden and Prospect Park, giving future residents easy access to green space, a 60-acre lake, and a variety of recreational options. With nearby amenities and the charm of Ditmas Park’s tree-lined streets, this location offers a strong foundation for new development in a thriving community.
Bring your architect—this is a development opportunity worth exploring.
• Maximum Buildable Floor Area: over 14,000sq ft
• Height: 5 Floors
• Units: 16 Residential Units
• Zoning: R5/6
• Lot Dimensions: 50x155
Preliminary plans and drawings available upon request, includes provisions of parking and outdoor spaces.
Get in touch asap, present an offer or proposal.
For any additional details and to discuss this opportunity further, please contact us directly.
Faits sur la propriété
1 Lot disponible
Lot
| Prix | 3 981 990 $ CAD | Taille du lot | 0,32 AC |
| Prix par AC | 12 389 669,20 $ CAD |
| Prix | 3 981 990 $ CAD |
| Prix par AC | 12 389 669,20 $ CAD |
| Taille du lot | 0,32 AC |
Development opportunity in Ditmas Park. Over 14,000 sq ft buildable with additional FAR. Ideal for a multistory condo project.
Description
2210 Newkirk Avenue presents a prime development opportunity in the sought-after Ditmas Park neighborhood of Brooklyn. This property offers over 14,000 square feet of buildable area with additional FAR available, making it ideal for a multistory condo project targeting strong market demand and high ROI potential. The site’s desirable location provides excellent connectivity to key neighborhoods, retail corridors, and cultural attractions. Within minutes, residents can access Prospect Park, Brooklyn College, and multiple transit options, including subways and major thoroughfares, ensuring convenient commuting throughout Brooklyn and Manhattan. Current zoning analysis and architectural drawings are available, positioning this property as a ready-to-develop investment for builders or investors seeking a high-performing residential asset in one of Brooklyn’s most vibrant neighborhoods. Bring your architect—this is a development opportunity worth exploring. • Maximum Buildable Floor Area: over 14,000sq ft • Height: 5 Floors • Units: 16 Residential Units • Zoning: R5/6 • Lot Dimensions: 50x155 Preliminary plans and drawings available upon request, includes provisions of parking and outdoor spaces. Get in touch asap, present an offer or proposal. For any additional details and to discuss this opportunity further, please contact us directly.
Impôts fonciers
| Numéro de lot | 05222-0064 | Évaluation des bâtiments | 121 437 $ CAD |
| Évaluation du terrain | 60 307 $ CAD | Évaluation totale | 181 744 $ CAD |
Impôts fonciers
