3053 Atlantic Ave - Auto Repair FOR SALE


Brooklyn, NY 11208- Cypress Hills
$4,950,000 USD
516-605-7459
3053 Atlantic Ave, Brooklyn, NY for Sale
$4,950,000 USD
Auto Repair - FOR SALE
1/7
null | Request Cap Rate

3053 Atlantic Ave
Brooklyn, NY 11208
Cypress Hills


HIGHLIGHTS

  • Prime Development Opportunity in East New York
  • ~50,000 Buildable SF As-of-Right - 60,000 Buildable SF Inclusionary Housing Program
  • 90 ft of Frontage Along the Atlantic Avenue Retail Corridor
  • Steps from the Cleveland Street "J" and the Shepherd Avenue "C" Subway Station
  • Short Walk from the Pitkin, Liberty, and Fulton Street Retail Corridors

OVERVIEW

SAB Capital is pleased to present 3053 Atlantic Avenue in the East New York section of Brooklyn. The 8,273 SF lot represents a large development opportunity with a total buildable of 49,803 SF. By taking advantage of the Inclusionary Housing Program, the total buildable area increases to 59,306 SF. The site benefits from it's 90' feet of frontage on Atlantic Avenue and it's proximity to the Cleveland Street ("J") and Shepherd Avenue ("C") subway stations.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$598 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,273 SF

ZONING

R8A, C2-4, EC-5

APN/PARCEL ID

03957-0049

ASK ABOUT THIS PROPERTY

Jason GrunbergSAB CapitalMore Info
516-605-7459

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Jason GrunbergSAB CapitalMore Info
516-605-7459

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