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438 Herkimer St - 438 Herkimer Street - 421A Eligible Site

0.15 Acres of Residential Land Offered at $1,500,000 in Brooklyn, NY 11213

Residential Land & Home Lots New York Brooklyn 438 Herkimer St, Brooklyn, NY 11213

Investment Highlights

  • Situated in the Bedford-Stuyvesant neighborhood, just two blocks from the Kingston-Throop Aves [A, C] Subway Station.
  • Mid-construction, presenting an opportunity to complete the project at potentially lower costs, leveraging existing structural work and materials.
  • he property falls under Tax Class 2B, ensuring lower tax rates and providing a stable, protected tax environment for the development
  • Construction Opportunity: The property is currently mid-construction, with approved plans for an elevator-ed 6-story building.
  • Detailed approved plans for the construction of 8 rentals are available upon request, streamlining the development process.
  • Total buildable area of approximately 6,600 SF and a projected gross building SF of 8,376 SF, the site offers significant development potential.

Executive Summary

Cory Rosenthal
License No. 10991237833 (NY)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Price $1,500,000 Property Type Land
Sale Type Investment Property Subtype Residential
No. Lots 1 Total Lot Size 0.15 AC
Price $1,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.15 AC

1 Lot Available

Lot

Price $1,500,000 Lot Size 0.15 AC
Price Per AC $9,900,010
Price $1,500,000
Price Per AC $9,900,010
Lot Size 0.15 AC

Description

Versatile development opportunity

Links

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Walk Score ®
Walker's Paradise (90)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

zoning

Zoning Code R6A (Medium density residential district)
R6A (Medium density residential district)
(914) 584-7422

Contacts

  • Listing ID: 33451575

  • Date on Market: 10/8/2024

  • Last Updated:

  • Address: 438 Herkimer St, Brooklyn, NY 11213

The Land Property at 438 Herkimer St, Brooklyn, NY 11213 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

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438 Herkimer St - 438 Herkimer Street - 421A Eligible Site
(914) 584-7422 x

438 Herkimer St - 438 Herkimer Street - 421A Eligible Site

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DJ Johnston

(914) 584-7422

(914) 584-7422

Henry Chardack

(866) 889-0550

(866) 889-0550

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