3429 Atlantic Ave - Auto Repair FOR SALE


Brooklyn, NY 11208- Cypress Hills | 
$2,998,000 USD
917-301-2479
3429 Atlantic Ave, Brooklyn, NY for Sale
$2,998,000 USD
Auto Repair - FOR SALE
1/9
null | Request Cap Rate

3429 Atlantic Ave
Brooklyn, NY 11208
Cypress Hills


HIGHLIGHTS

  • It is zoned for residential and commercial. It has Heavy day time traffic. It is a corner building. Property values have gone up.

OVERVIEW

SPECIAL OPEN HOUSE on MONDAY, 24 August from 1:00 to 3:00 p.m. City changed Zoning to R5 and C2-4. It has Air Rights. It is your chance to make it your own. Only the building is for sale. This is a great opportunity for developers, investors, individual entrepreneur, corporation, box company etal.. The area is being gentrified. This is a great time to purchase this building. There is an auto repair shop that does European and sports cars, but the business is not for sale. The building will be sold empty. The roof was recently replaced. It also has new plumbing. It is located on Atlantic Avenue which is a prime thoroughfare that is 10 miles long and goes through Brooklyn and Queens. The city has been laying new pipes on Atlantic Avenue. The building is a corner building and is very visible. The area is both commercial and residential. There is so much opportunity to make it your own. You can build up to four stories. Why not build a garage, gym, laundry, storage spaces, restaurant, day care, boutique, grocery store and various other commercial spaces or just build up and make it a mixed use building since it is possible since the city changed the zoning. It is a Gold Mine!

FOR SALE DETAILS

PRICE

$2,998,000 USD

PRICE/SF

$702 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Restaurant, Storefront Retail/Residential, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

R5 ,C2-4

APN/PARCEL ID

04148-0067

ASK ABOUT THIS PROPERTY

Eugenia FoxworthFoxworth RealtyMore Info
917-301-2479

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Eugenia FoxworthFoxworth RealtyMore Info
917-301-2479

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