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$2,200,000
Est. payment /mo
9,147 Sqft Lot
UPDATED:
12/11/2024 06:06 PM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEYL3510701
Originating Board onekey2
Rental Info No
Year Built 1956
Annual Tax Amount $17,802
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 120x83.33
Property Description
Property is being sold with or without a fully occupied restaurant, which occupies the building measuring 20' x 70'. Monthly rent for only the restaurant is $6,000. The land portion where there is currently an auto dealership will be delivered vacant. Pro Forma rent for land portion is $12,000 per month. Can rent out the land or build to suit. R5 Zoning. C2-2 Overlay. Max FAR 1.25. Owner is willing to subdivide the property. The price of 2.2M is for the land only WITHOUT the restaurant. Price of 3.2M includes the restaurant. Pro Forma fully rented is at a 6% Cap.
Location
State NY
County Kings (brooklyn)
Interior
Fireplace No
Exterior
Private Pool No
Building
Lot Description Cleared
Sewer Public Sewer
Water Public
Schools
Elementary Schools Ps 235 Janice Marie Knight School
Middle Schools Middle School For Art And Philosophy
High Schools East Brooklyn Community High School
School District Brooklyn 18
Others
Special Listing Condition None
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Listed by EXP Realty