2258 Atlantic Ave - Retail FOR SALE


Brooklyn, NY 11233- Ocean Hill
$3,000,000 USD
718-360-2993
2258 Atlantic Ave, Brooklyn, NY for Sale
$3,000,000 USD
Retail - FOR SALE
1/15
null | Request Cap Rate

2258 Atlantic Ave
Brooklyn, NY 11233
Ocean Hill


HIGHLIGHTS

  • The development opportunity is on the corner of Atlantic Ave & Rockaway Avenue in the Ocean Hill section of Brooklyn
  • The assemblage offers 4 contiguous lots with 83 ft of frontage along Atlantic Avenue and 70 ft along Rockaway Avenue
  • The combined lot dimensions are 83 ft x 70 ft totaling 5,180 SF
  • Zoned R6 (3.0 wide street) Offering 17,430 sf as of right with 3.9 UAP bonus brining the allowable BSF to 22,659
  • Delivered vacant, offering flexibility for ground-up development
  • Positioned on a major corridor with strong visibility and access to multiple subway lines

OVERVIEW

Investment Property Realty Group (IPRG) has been exclusively retained to sell 2258 Atlantic Avenue & 187-189 Rockaway Avenue (Rockaway Ave Assemblage). The development opportunity is on the corner of Atlantic Ave & Rockaway Avenue in the Ocean Hill section of Brooklyn. The assemblage offers 4 contiguous lots with 83 ft of frontage along Atlantic Avenue and 70 ft along Rockaway Avenue. The combined lot dimensions are 83 ft x 70 ft totaling 5,810 SF approximately and is zoned R6 (3.0 wide street). Offering 17,430 square feet as of right with a 3.9 UAP bonus bringing the allowable buildable square feet to 22,659 square feet. The property is located within walking distance (0.2 miles) to the Rockaway Avenue C train station. It is also conveniently located in short walking distance (0.6 mi) to Broadway junction allowing for transportation all over NYC.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$516 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,810 SF

ZONING

R6

APN/PARCEL ID

01435-0007

ASK ABOUT THIS PROPERTY

Steve ReynoldsInvestment Property Realty GroupMore Info
718-360-2993

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Steve ReynoldsInvestment Property Realty GroupMore Info
718-360-2993

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