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Partnership Dissolution - Prime Corner Bldg 1240 Broadway 6,600 SF 100% Leased Retail Building Brooklyn, NY 11221 For Sale

Executive Summary
Partnership Dissolution – Immediate Sale Directed
Prominent Corner Building – Redevelopment Opportunity - Approved Building Plans
1240 Broadway, Brooklyn, NY 11221
4,400 Sq Ft Building Plus 2,200 Sq Ft Basement
Located on the Corner of Broadway and Greene Avenue
160' of Total Frontage on Broadway and Greene Avenue
66' Frontage on Broadway
94' Frontage on Greene Avenue
Building Currently Gutted the Outer walls
2-Story Structure Plus Basement
2,216 Sq Ft Lot (.05 Acres)
Location Information:
.15 Miles to MTA Kosciusko Street Subway Station (J-Train)
.17 Miles to MTA Gates Avenue Subway Station (J & Z Trains)
.45 Miles to MTA Central Avenue Subway Station (M-Train)
Located in Special Enhanced Commercial District (EC)
Abundant Ongoing/Complete Redevelopment Sites
Prominent Corner Building – Redevelopment Opportunity - Approved Building Plans
1240 Broadway, Brooklyn, NY 11221
4,400 Sq Ft Building Plus 2,200 Sq Ft Basement
Located on the Corner of Broadway and Greene Avenue
160' of Total Frontage on Broadway and Greene Avenue
66' Frontage on Broadway
94' Frontage on Greene Avenue
Building Currently Gutted the Outer walls
2-Story Structure Plus Basement
2,216 Sq Ft Lot (.05 Acres)
Location Information:
.15 Miles to MTA Kosciusko Street Subway Station (J-Train)
.17 Miles to MTA Gates Avenue Subway Station (J & Z Trains)
.45 Miles to MTA Central Avenue Subway Station (M-Train)
Located in Special Enhanced Commercial District (EC)
Abundant Ongoing/Complete Redevelopment Sites
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,600 SF
Building Class
C
Year Built
1910
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.08
Lot Size
0.14 AC
Zoning
C8-2,Brooklyn,(M1)
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01618-0030 | Improvements Assessment | $383,850 |
| Land Assessment | $40,050 | Total Assessment | $423,900 |
Property Taxes
Parcel Number
01618-0030
Land Assessment
$40,050
Improvements Assessment
$383,850
Total Assessment
$423,900
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Partnership Dissolution - Prime Corner Bldg | 1240 Broadway
