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Brooklyn Land for Sale
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Land For Sale in Brooklyn
Brooklyn, NY, is a notable location for commercial real estate investment, due to its strong infrastructure, essential location, and strong economy, making it a wise choice for those looking at CRE investments. Land for sale in Brooklyn presents a valuable chance, with the borough's wide transport system linking it directly to Manhattan and Staten Island, and a strong economy supported by the combination of technology, services, and manufacturing sectors. The area is home to leading educational institutions like Brooklyn College and the New York City College of Technology, which both contribute to a skilled workforce and support a culture of innovation and entrepreneurship. Located by the Atlantic Ocean, the East River, and Upper New York Bay, Brooklyn's land listings are likely to increase in value, benefiting from the borough's detailed urban planning and investment in public facilities.
Land for sale in Brooklyn gains from the borough's full connectivity and lively economy, with 52 listings available that are near major transport routes and economic centers. This closeness to important facilities makes them attractive to investors looking for strategic development sites. If you're an existing property owner and are searching for a "like-kind" property for a 1031 exchange, Brooklyn has land properties that could fit your requirements. Industrial properties and warehouses in Brooklyn serve companies needing space in a borough with a strong manufacturing background and growing service sector. Specialty properties and residential income homes offer varied investment chances, making the most of Brooklyn's cultural depth and residential attractiveness. Together, these property types highlight Brooklyn's diverse real estate market, offering investment opportunities that take advantage of the borough's economic strength and essential location.
Learn About Land For Sale in Brooklyn
What factors should I consider when searching for land for sale in Brooklyn?
When searching for land for sale in Brooklyn, it's critical to evaluate several key factors that will influence your decision:
- Consider the property's proximity to vital infrastructure such as the Brooklyn Navy Yard and public transportation, which can significantly impact access and value.
- Examine the local economic landscape, especially the shift towards service-based industries and the presence of high technology startup companies, to understand potential growth areas.
How much does it cost to buy land in Brooklyn?
The cost to buy land in Brooklyn varies, reflecting the diverse opportunities within the borough. The average price per square foot is $626, with an average size of 18,118 SF.
What is the largest land for sale available in Brooklyn?
The largest land for sale in Brooklyn is 74,981 SF.
Size Summary For Brooklyn Land
| Land Size | Square Feet |
|---|---|
| Maximum | 74,981 SF |
| Average | 18,118 SF |
| Minimum | 3,750 SF |
Prices for Brooklyn Land
| Land Price | Price Per SF |
|---|---|
| Maximum | $796 Per SF |
| Average | $626 Per SF |
| Minimum | $320 Per SF |
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