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435 Rockaway Ave
0.06 Acres of Residential Land Offered at $1,400,000 in Brooklyn, NY 11212
Investment Highlights
- Prime intersection
- Potential to build 5 story building
Executive Summary
Prime development site at busy intersection - Pitkin avenue / Rockaway avenue
Commercial and residential FAR potential
Asking: 2,000,000
Lot size: 25x100
Residential FAR: 2.43
Commercial FAR: 3.4
Facility FAR: 4.8
Maximum usable floor area: 8500
Usable floor area as built: 10,700
Already excavated with steel foundation in place
Few blocks from the 3 subway train line
High foot traffic area
Property Facts
| Price | $1,400,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Conditions | Redevelopment Project | Total Lot Size | 0.06 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Price | $1,400,000 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.06 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $1,400,000 | Lot Size | 0.06 AC |
| Price Per AC | $24,393,644 |
| Price | $1,400,000 |
| Price Per AC | $24,393,644 |
| Lot Size | 0.06 AC |
Prime intersection, Pitkin avenue / Rockaway avenue 25x100 square foot lot Residential FAR 2.43 Commercial FAR 3.4 Facility FAR 4.8 FAR as built 4.28 i Maximum usable floor area 8,500 Usable floor area as built 10,700 Unused FAR -2,200
Description
Prime intersection. Lot for sale. Already excavated, with steel foundation in. Lot size: 25x100 Residential FAR 2.43 Commercial FAR 3.4 Facility FAR 4.8 FAR as built 4.28 i Maximum usable floor area 8,500 Usable floor area as built 10,700 Unused FAR -2,200
PROPERTY TAXES
| Parcel Number | 03522-0012 | Improvements Assessment | $40,950 |
| Land Assessment | $76,050 | Total Assessment | $117,000 |
PROPERTY TAXES
zoning
| Zoning Code | C4-3 (Zoning: C4-3 25x100 square foot lot Residential FAR 2.43 Commercial FAR 3.4 Facility FAR 4.8 FAR as built 4.28 i Maximum usable floor area 8,500) |
| C4-3 (Zoning: C4-3 25x100 square foot lot Residential FAR 2.43 Commercial FAR 3.4 Facility FAR 4.8 FAR as built 4.28 i Maximum usable floor area 8,500) |
Presented by
435 Rockaway Ave
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