Price Reduced 25.89%

$1,325,000

Est. Mortgage $6,963/mo *

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Price History

$1,788,000
6/7/2023

$1,485,000
7/27/2023

$1,299,000
9/6/2023

$1,150,000
1/11/2024

$1,325,000
3/20/2024

Calling All Investors, Developers & End-Users!!! 2,600+ Sqft. Development Site In Clinton Hill Near The Brooklyn Navy Yard For Sale!!! The Property Features Great Exposure, Excellent Signage, Strong M1-2 Zoning, Fenced Lot, +++!!! The Property Is Located In The Heart Of Clinton Hill 1 Block From The Brooklyn Navy Yard!!! The Property Is Situated Alongside The B.Q.E. (I-278) Right Near The Brooklyn Bridge & Manhattan Bridge!!! Neighbors Include Starbucks, USPS, Chase Bank, CitiBank, TD, Public Storage, Walgreens, Penske Truck Rentals, Auto Zone, Key Food, Applebee's Bar & Grill, Blink Fitness, KFC, +++!!! This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site / Home For Your Business!!! Income: 2,611 Sqft. Lot: $320,000 Ann. (Available) Expenses: Taxes: $12,407.92Ann. Total Expenses: $12,407.92 Ann. Net Operating Income (NOI): $307,592.08 (Pro Forma 17.2 Cap!!!)

Status:

Active

Type:

Commercial

Zoning:

M1-2

Acreage:

0.06

Est. Taxes:

$12,407

MLS #:

3483393

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of All Island Estates Realty Corp 516-783-5600