900 Granville Payne Ave - Commercial LAND FOR SALE


Brooklyn, NY 11207- East New York588,060,000 SF
$3,000,000 USD
973-632-1386
900 Granville Payne Ave, Brooklyn, NY for Sale
$3,000,000 USD
Commercial LAND - FOR SALE
1/11
588,060,000 SF

900 Granville Payne Ave
Brooklyn, NY 11207
East New York


HIGHLIGHTS

  • Rare Brooklyn Development Opportunity | Two-Parcel Offering
  • Flexible M1-1 Zoning | Broad Development Potential
  • Established Commercial Corridor | Premier Retail Node
  • Brooklyn Market Fundamentals | Supply Constrained Growth

OVERVIEW

SRS Capital Markets is pleased to offer the opportunity to acquire two development parcels totaling 13,500 square feet, offered together as a single investment opportunity and not available for separate purchase, in Brooklyn, New York. The offering presents a rare opportunity to acquire development-ready land in one of the nation’s most supply-constrained real estate markets. The parcels benefit from flexible M1-1 zoning, permitting a broad range of commercial and industrial uses as of right at a 1.0 FAR, with community facility uses eligible for up to a 2.4 FAR. The combination of flexible zoning and Brooklyn’s limited supply of development-ready land creates a compelling opportunity for a variety of development strategies.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/ACRE

$222/AC

PRICE/SF

$0.0051 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Vacant Commercial Land | 2 M1-1 Zoned Parcels

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

13500 AC

LAND SF

588,060,000 SF

OFFSITE IMPROVEMENTS

-

ZONING

M1-1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Kyle FantSRS Real Estate PartnersMore Info
973-632-1386

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

Kyle FantSRS Real Estate PartnersMore Info
973-632-1386

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