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$10,000,000
Est. payment /mo
4,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $2,500
MLS Listing ID 504786
Year Built 1930
Annual Tax Amount $41,222
Property Sub-Type Commercial
Property Description
The McDonald Avenue corridor has seen significant redevelopment and investment with numerous properties selling for substantial multi-million dollar amounts. Recent major sales further demonstrate the increasing value of properties throughout the area, combined with limited supply of larger development sites and continued demand for residential, commercial, and community facility uses, these transaction reflect the ongoing strength and growth of the neighborhood. Don't miss this exceptional opportunity.
Major zoning updates are hitting McDonald Avenue across the 11223 and 11230 zip codes in Brooklyn. The changes combine a massive new neighborhood-wide planning initiative with several high-profile individual property rezoning aimed at replacing low-density commercial space with transit-oriented residential housing such as multi-family housing, meaning apartments, townhomes, condominiums - built intentionally within a short distance of high capacity public transportation hubs.
Major zoning updates are hitting McDonald Avenue across the 11223 and 11230 zip codes in Brooklyn. The changes combine a massive new neighborhood-wide planning initiative with several high-profile individual property rezoning aimed at replacing low-density commercial space with transit-oriented residential housing such as multi-family housing, meaning apartments, townhomes, condominiums - built intentionally within a short distance of high capacity public transportation hubs.
Location
State NY
County Kings (brooklyn)
Area Midwood
Zoning M1-1
Rooms
Basement None
Interior
Interior Features Fire - Smoke Alarm, Restrooms - Staff
Heating Other
Flooring Concrete
Heat Source Other
Exterior
Exterior Feature Brick
Utilities Available Water
Roof Type Asphalt/Tar,Flat
Present Use Other
Handicap Access Yes
Building
Story 1
Foundation Poured Concrete
Others
Energy Description Other
Financing 1031 Exchange,Bank Mortgage,Cash
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Listed by DiTommaso Real Estate
NEARBY SCHOOL & BUSINESS
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