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$2,000,000
Est. payment /mo
400 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 400 sqft
Price per Sqft $5,000
MLS Listing ID 504644
Annual Tax Amount $33,439
Property Sub-Type Other
Property Description
PRIME CORNER DEVELOPMENT & INVESTMENT OPPORTUNITY — EAST 83RD STREET & FLATLANDS AVENUE
High Traffic • High Visibility • Development Potential
Prime corner commercial property located at the prominent intersection of East 83rd Street and Flatlands Avenue, a high-traffic retail corridor with excellent visibility and convenient access to shopping, restaurants, public transportation, and neighborhood services.
The property is currently operated as a used-car auto sales facility, offering an investor the potential for immediate commercial use while exploring future redevelopment opportunities.
PROPERTY HIGHLIGHTS:
60' × 90' lot
Approximately 5,400 SF lot area
R5D / C2-3 zoning
Approximately 10,800 SF of additional buildable potential, subject to zoning, plans, and approvals
Prime corner exposure
High-traffic, high-visibility location
Excellent retail/commercial frontage
Potential for expansion, addition, redevelopment, or new construction
Potential City of Yes zoning benefits may provide additional development opportunities; buyer should consult with a qualified NYC architect/zoning attorney for a complete analysis
Conveniently located near shopping, restaurants, buses, and neighborhood amenities
INVESTORS • DEVELOPERS • OWNER-USERS
This is a rare opportunity to acquire a prominent corner property with existing commercial use and significant development potential in a well-established Brooklyn neighborhood.
OWNER MOTIVATED — PRESENT ALL OFFERS!
All dimensions, zoning information, FAR, development potential, and allowable uses should be independently verified by the purchaser and their architect/zoning professional.
High Traffic • High Visibility • Development Potential
Prime corner commercial property located at the prominent intersection of East 83rd Street and Flatlands Avenue, a high-traffic retail corridor with excellent visibility and convenient access to shopping, restaurants, public transportation, and neighborhood services.
The property is currently operated as a used-car auto sales facility, offering an investor the potential for immediate commercial use while exploring future redevelopment opportunities.
PROPERTY HIGHLIGHTS:
60' × 90' lot
Approximately 5,400 SF lot area
R5D / C2-3 zoning
Approximately 10,800 SF of additional buildable potential, subject to zoning, plans, and approvals
Prime corner exposure
High-traffic, high-visibility location
Excellent retail/commercial frontage
Potential for expansion, addition, redevelopment, or new construction
Potential City of Yes zoning benefits may provide additional development opportunities; buyer should consult with a qualified NYC architect/zoning attorney for a complete analysis
Conveniently located near shopping, restaurants, buses, and neighborhood amenities
INVESTORS • DEVELOPERS • OWNER-USERS
This is a rare opportunity to acquire a prominent corner property with existing commercial use and significant development potential in a well-established Brooklyn neighborhood.
OWNER MOTIVATED — PRESENT ALL OFFERS!
All dimensions, zoning information, FAR, development potential, and allowable uses should be independently verified by the purchaser and their architect/zoning professional.
Location
State NY
County Kings (brooklyn)
Area Canarsie
Zoning R5D, C2-3
Rooms
Basement Other
Interior
Interior Features None
Exterior
Roof Type Other
Present Use Land,Other
Building
Foundation Other
Others
Financing 1031 Exchange,Bank Mortgage,Cash
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Listed by Brooklyn Real Property, Inc
NEARBY SCHOOL & BUSINESS
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