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- LoopNet Team
1261A Prospect Ave
Brooklyn, NY 11218
Land For Sale
·
0.07 AC

INVESTMENT HIGHLIGHTS
- Steps from the Fort Hamilton Parkway “F and G” Subway Station
- Located 3 Blocks from Prospect Park
- 25' Ft of Frontage to Prospect Avenue
PROPERTY FACTS
| Property Type | Land | Proposed Use |
Mixed Use
|
| Property Subtype | Commercial | Total Lot Size | 0.07 AC |
| Zoning | CI-3/R5B | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use |
Mixed Use
|
| Total Lot Size | 0.07 AC |
| Zoning | CI-3/R5B |
DESCRIPTION
With the current zoning, the lot is subject to a total of approximately 4,015 buildable square feet. The site is an ideal candidate for a single-family, condominium or high-end mixed-use development with an existing curb cut in place. Townhouse and condominium sales in similar buildings have breached $1,200 per square foot. The development site is located just steps away from the Fort Hamilton Parkway “F and G” subway station. The subject property offers owner-users and developers the opportunity to purchase a strategically located development site in the Windsor Terrace neighborhood of Brooklyn. *Local Condominium and Townhouse Prices Reaching $1,000 – $1,200 PSF and Residential Rents Reaching $50-$60 PSF.
PROPERTY TAXES
| Parcel Number | 05277-0016 | Improvements Assessment | $0 |
| Land Assessment | $388,350 | Total Assessment | $388,350 |
PROPERTY TAXES
Listing ID: 28002962
Date on Market: 3/17/2023
Last Updated:
Address: 1261A Prospect Ave, Brooklyn, NY 11218
The Windsor Terrace Land Property at 1261A Prospect Ave, Brooklyn, NY 11218 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
LAND PROPERTIES IN NEARBY NEIGHBORHOODS
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- Northwestern Queens Commercial Land
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- Southwest Brooklyn Commercial Land
- East New York Commercial Land
- South Shore Brooklyn Commercial Land
- Downtown Brooklyn Commercial Land
- Williamsburg Commercial Land
- Chelsea Commercial Land
- Midtown West Commercial Land
- Lower East Side Commercial Land
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