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$2,000,000
Est. payment /mo
5,400 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11986644
Annual Tax Amount $53,592
Lot Size 5,400 Sqft
Property Description
PRIME CORNER DEVELOPMENT & INVESTMENT OPPORTUNITY - EAST 83RD STREET & FLATLANDS AVENUE High Traffic • High Visibility • Development Potential Prime corner commercial property located at the prominent intersection of East 83rd Street and Flatlands Avenue, a high-traffic retail corridor with excellent visibility and convenient access to shopping, restaurants, public transportation, and neighborhood services. The property is currently operated as a used-car auto sales facility, offering an investor the potential for immediate commercial use while exploring future redevelopment opportunities. PROPERTY HIGHLIGHTS: 60' x 90' lot Approximately 5,400 SF lot area R5D / C2-3 zoning Approximately 10,800 SF of additional buildable potential, subject to zoning, plans, and approvals Prime corner exposure High-traffic, high-visibility location Excellent retail/commercial frontage Potential for expansion, addition, redevelopment, or new construction Potential City of Yes zoning benefits may provide additional development opportunities; buyer should consult with a qualified NYC architect/zoning attorney for a complete analysis Conveniently located near shopping, restaurants, buses, and neighborhood amenities INVESTORS • DEVELOPERS • OWNER-USERS This is a rare opportunity to acquire a prominent corner property with existing commercial use and significant development potential in a well-established Brooklyn neighborhood. OWNER MOTIVATED - PRESENT ALL OFFERS! All dimensions, zoning information, FAR, development potential, and allowable uses should be independently verified by the purchaser and their architect/zoning professional.
Location
State NY
County 36047
Rooms
Kitchen 0
Building
Sewer Municipal
Water Municipal
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Hal Blake
Broker License ID: 10491210994
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