2980 Ocean Pky - 2980 Ocean Parkway
0.46 Acres of Residential Land in Brooklyn, NY 11235
INVESTMENT HIGHLIGHTS
- The Site offers a developer the outstanding opportunity to develop much-needed housing on one of Brooklyn’s most famous corridors, Ocean Parkway.
EXECUTIVE SUMMARY
Newmark in partnership with Cushman & Wakefield has been exclusively retained to solicit offers on the fee simple interest of the Site located at 2980 Ocean Parkway, Brooklyn, NY 11235.
2980 Ocean Parkway will be subdivided into two tax lots and the development site will consist of 20,000 SF parcel located in an R6 Special Ocean Parkway District zone, and contain 116,000 buildable square feet.
Located less than a 10 minute walk from Surf Avenue and the Coney Island Boardwalk, the Site offers a developer the outstanding opportunity to develop much-needed housing on one of Brooklyn’s most famous corridors, Ocean Parkway.
2980 Ocean Parkway will be subdivided into two tax lots and the development site will consist of 20,000 SF parcel located in an R6 Special Ocean Parkway District zone, and contain 116,000 buildable square feet.
Located less than a 10 minute walk from Surf Avenue and the Coney Island Boardwalk, the Site offers a developer the outstanding opportunity to develop much-needed housing on one of Brooklyn’s most famous corridors, Ocean Parkway.
PROPERTY FACTS
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.46 AC |
1 LOT AVAILABLE
Lot
| Lot Size | 0.46 AC |
DESCRIPTION
Located in an R6 Special Ocean Parkway District zone.
1 of 1
Walk Score®
Walker's Paradise (92)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (76)
PROPERTY TAXES
| Parcel Number | 07274-0025 | Improvements Assessment | $1,152,450 |
| Land Assessment | $1,501,200 | Total Assessment | $2,653,650 |
ZONING
| Zoning Code | R6, OP (Permit a Wide Range of High-Bulk Commercial Uses Requiring a Central Location) |
