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1645 E New York Ave
Brooklyn, NY 11212
1645 E New York Ave · Industrial Property For Sale
Investment Highlights
- Development Potential: Zoned R7A with a C2-4 overlay, the property allows for 8,400 buildable SF as-of-right.
- Affordable Entry Point: Asking price of $950,000 equates to under $113 per buildable SF as-of-right, competitive for Brooklyn development sites.
- Opportunity Zone: Located within a federally designated Opportunity Zone, providing substantial tax incentives, including deferral, reduction.
- City of Yes: FAR increase from 4.00 to 5.01 under proposed zoning initiative.
Property Facts
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 2000 |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.05 AC | Parking Ratio | 5.56/1,000 SF |
| Rentable Building Area | 1,440 SF | No. Drive In / Grade-Level Doors | 2 |
| Zoning | R7A, C2-4 - FAR 4.0 | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.05 AC |
| Rentable Building Area | 1,440 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Tenancy | Single |
| Parking Ratio | 5.56/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | R7A, C2-4 - FAR 4.0 |
Amenities
- Bus Line
Utilities
- Lighting
- Sewer
Property Taxes
| Parcel Number | 01450-0045 | Improvements Assessment | $70,200 |
| Land Assessment | $24,300 | Total Assessment | $94,500 |
Property Taxes
Parcel Number
01450-0045
Land Assessment
$24,300
Improvements Assessment
$70,200
Total Assessment
$94,500
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