27 E 18th St - Apartments FOR SALE


Brooklyn, NY 11226- Prospect Park
$1,500,000 USD
917-690-0709
27 E 18th St, Brooklyn, NY for Sale
$1,500,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

27 E 18th St
Brooklyn, NY 11226
Prospect Park


HIGHLIGHTS

  • R7A Residential Development Site
  • 12,076 SF buildable (as-of-right)
  • Attractive ~$124 / buildable SF
  • Fully vacant building
  • 3 blocks from Prospect Park
  • Immediate access to B & Q trains

OVERVIEW

Prospect Park South — Fully vacant residential development site located three blocks from Brooklyn’s iconic 585-acre Prospect Park. R7A zoning allows 12,076 square feet of as-of-right residential buildable floor area, supporting the potential for a 7–8 story condominium or rental residential building. The neighborhood continues to see strong demand for renovated and newly built residential properties, with convenient access to the B and Q subway lines at Church Avenue providing direct connections to Downtown Brooklyn in 10 minutes and Manhattan in 25 minutes. Alternatively, investors may consider renovating and repositioning the existing building as a large custom residence or boutique residential property. Prospect Park South is known for its historic architecture and tree-lined streets. Church Avenue, located one block away, serves as a vibrant retail and restaurant corridor offering neighborhood cafés, markets, and everyday shopping. *Architectural survey available upon request*

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$458 USD /SF

# OF UNITS

-

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Development Site 3 Blocks from Prospect Park

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1935

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,019 SF

ZONING

R7A

APN/PARCEL ID

05079-0045

ASK ABOUT THIS PROPERTY

Angelica BlotkevichBrick & MortarMore Info
917-690-0709

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Angelica BlotkevichBrick & MortarMore Info
917-690-0709

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