103 Empire Blvd - Commercial LAND FOR SALE


Brooklyn, NY 11225- Crown Heights16,000 SF
$14,250,000 USD
646-326-4580
103 Empire Blvd, Brooklyn, NY for Sale
$14,250,000 USD
Commercial LAND - FOR SALE
1/3
16,000 SF

103 Empire Blvd
Brooklyn, NY 11225
Crown Heights


OVERVIEW

Marcus & Millichap have been exclusively retained by ownership to arrange the sale of 103 Empire Boulevard. The development site located on the border of Crown Heights / Prospect-Lefferts Gardens. The block-through site between Empire Boulevard and Sullivan Place. The subject site is a 80 ft x 200 ft R6/C1-3, C8-2 zoned lot (Block: 1306 Lot: 37) and totals 16,000 square feet. With the current zoning, and the city of Yes, the subject site can for up to a total of 80,000 buildable square feet. 103 Empire Boulevard is located three blocks away from both the Prospect Park subway station, serviced by the B, S & Q lines, and the Sterling Street subway station, serviced by the 2 & 5 lines. Developers have the opportunity to purchase a strategically located development site in the popular Prospect-Lefferts Gardens / Crown Heights neighborhoods where commercial rents, residential rents, and property values remain strong. The purchaser can capitalize on its close proximity to public transportation and Prospect Park.

FOR SALE DETAILS

PRICE

$14,250,000 USD

PRICE/ACRE

$38,795,625/AC

PRICE/SF

$891 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

DEVELOPMENT OPPURTUNITY

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Mixed Use, Hospitality, Community Center, Parking Garage, Self-Storage, Storefront Retail/Residential

LAND ACRES

0.37 AC

LAND SF

16,000 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

C1-3/R6-C8-2

APN/PARCEL ID

01306-0037

ASK ABOUT THIS PROPERTY

Waleed JalboukhMarcus & MillichapMore Info
646-326-4580

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Waleed JalboukhMarcus & MillichapMore Info
646-326-4580

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.