537 E New York Ave - Commercial LAND FOR SALE


Brooklyn, NY 11225- East Flatbush11,792 SF
$6,500,000 USD
516-650-8549
537 E New York Ave, Brooklyn, NY for Sale
$6,500,000 USD
Commercial LAND - FOR SALE
1/5
11,792 SF

537 E New York Ave
Brooklyn, NY 11225
East Flatbush


HIGHLIGHTS

  • 3FAR
  • 15% City of YES bonus
  • potential assemblage via next door properties

OVERVIEW

Introducing a Rare Brooklyn Development Opportunity: Presenting 537 East New York Avenue and 546–552 East New York Avenue — two strategically positioned lots directly across the street from one another in a prime Brooklyn location. 537 E. New York Ave: Lot dimensions of 41 ft x 90 ft 546–552 E. New York Ave: Combined frontage of 91 ft x 90 ft Total Buildable SF: Approximately 45,000 square feet, inclusive of the 15% City of Yes bonus Zoning: R6 (Wide Street – 3.0 FAR) The properties are being offered at $144 per buildable square foot, and all three will be delivered fully vacant, providing a clean slate for development. Additionally, adjacent owners to both 537 and 546 E. New York Avenue have expressed willingness to sell, presenting a unique opportunity for assemblage and further expansion of the buildable footprint. Surveys and site access are available upon request. For developers seeking scale, flexibility, and location — this is an opportunity not to be missed.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/ACRE

$24,015,267/AC

PRICE/SF

$551 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

537-552 East New York Avenue

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Apartment Units, Apartment Units - Condo

LAND ACRES

0.27 AC

LAND SF

11,790 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Nate SmithOxford Property GroupMore Info
516-650-8549

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Nate SmithOxford Property GroupMore Info
516-650-8549

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