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$1,399,000
Est. payment /mo
4,200 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $333
MLS Listing ID 496625
Year Built 1920
Annual Tax Amount $8,882
Lot Dimensions 112.58 x 85
Property Sub-Type Residential
Property Description
Rare waterfront development opportunity in Gerritsen Beach. Property features approx. 4,200 sf building on an 88 foot waterfront lot with 20 deep-water boat slips that brings in $60,000 income, 19 parking spaces, and has a private gated entry. Currently improved with event hall/marina, full commercial kitchen, indoor bar, patio, 240 amp power, CAC, a tin roof, and steel Navy bulkhead. Zoned R4-1, allowing for multiple two and three family residences or potential boutique condominium development (approx. 9,570 buildable sf, up to over 14,000 sf with community facility). Excellent investment for builders and developers seeking a rare waterfront parcel with strong zoning, long bulkhead life, low property taxes, and multiple exit strategies. Call Today for a private tour.
Location
State NY
County Kings (brooklyn)
Area Gerritsen Beach
Zoning R4-1
Rooms
Basement Finished, Full, Storage, Usable
Interior
Interior Features Restrooms - Staff
Heating Gas
Flooring Tile
Heat Source Gas
Exterior
Utilities Available Electric, Gas, Heat, Parking, Sewer
Roof Type Flat
Present Use Special Purpose
Handicap Access No
Building
Story 2
Foundation Block
Others
Energy Description Gas
Financing Bank Mortgage,Cash
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Listed by MadisonEstates Sothebys Realty
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716