244-246 7th St - 4th Avenue Development Assemblage
0.12 Acres of Commercial Land Offered at $11,950,000 in Brooklyn, NY 11215
INVESTMENT HIGHLIGHTS
- 120 Feet of wrap around frontage along 4th Avenue & 7th Street
- Rental market is $85 PSF with condo sellouts surpassing $1,600/SF
EXECUTIVE SUMMARY
Two blocks from the 4th Avenue-9th Street F,G, & R line along with the B61 bus line - accessible transportation to all five boroughs
PROPERTY FACTS
| Price | $11,950,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.12 AC |
| Cross Streets | 416 4th Ave |
1 LOT AVAILABLE
Lot
| Price | $11,950,000 |
| Price Per AC | $101,431,069.31 |
| Lot Size | 0.12 AC |
40,120 BSF Corner mixed use development site in prime Gowanus. Highly sought-after corner location in a transformed neighborhood surrounded by numerous restaurants, cafes, parks and entertainment hot spots.
DESCRIPTION
40,120 BSF Corner mixed use development site in prime Gowanus. Highly sought-after corner location in a transformed neighborhood surrounded by numerous restaurants, cafes, parks and entertainment hot spots.
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Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (88)
ZONING
| Zoning Code | c4-4d (Regional commercial center located outside of the central business districts) |
