2220-2222 Voorhies Ave | Brooklyn, NY 11235
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2220-2222 Voorhies Ave
Brooklyn, NY 11235
Land For Sale · 0.06 AC
Investment Highlights
- 5,519 ZFA per 2.00 CF FAR / 2,483 ZFA per 0.09 Residential FAR
- Tax Class 1B
- Wraparound corner with 114 of frontage
- Just 1 block from Belt Parkway and 8 Blocks from the Sheepshead Bay B Q train station
Executive Summary
RIPCO Investment Sales has been exclusively retained to sell a corner development site located at 2220 -2222 Voorhies Avenue in the Sheepshead Bay neighborhood of Brooklyn, NY. Developers can maximize the 2.00 CF FAR and unlock up to 5,519 ZFA for a mixed-use project by allocating a portion of the building to a community facility use. Alternatively 0.90 FAR can be utilized to construct a 2,483 ZFA boutique residential project hosting rental apartments or condos. 2220-2222 Voorhies Avenue is an excellent opportunity for any developer looking to tap into one of Brooklyn’s fastest growing and largely underrated markets.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.06 AC |
| Property Type | Land |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.06 AC |
1 Lot Available
Lot
| Price | $850,000 | Lot Size | 0.06 AC |
| Price Per AC | $13,420,276 |
| Price | $850,000 |
| Price Per AC | $13,420,276 |
| Lot Size | 0.06 AC |
The property is situated on a high-visibility corner with 114 FT of frontage. The site further benefits from excellent connectivity via the B Q Sheepshead Bay train station or Shore Parkway - both in convenient proximity to the site.
Description
The property comprises two contiguous tax lots with a combined footprint of 2,759 SF and carrying R4 zoning, which permits residential and community facility uses.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $20,760 | Total Assessment | $20,760 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$20,760
Improvements Assessment
$0
Total Assessment
$20,760
zoning
| Zoning Code | R4 (permits residential and community facility uses.) |
| R4 (permits residential and community facility uses.) |
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