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172-180 St Nicholas Ave - Bushwick Abbey 11,300 SF Specialty Building Offered at $4,000,000 in Brooklyn, NY 11237
INVESTMENT HIGHLIGHTS
- Vacant Possession
- Prominent Corner Position
- Excellent Transportation
- Desirable Redevelopment Opportunity
- Charming & Popular Residential Market
- Condo Buy Back
EXECUTIVE SUMMARY
Denham Wolf Real Estate Services, as exclusive agent, is pleased to present the opportunity to purchase a corner development site in one of Brooklyn's most desirable emerging neighborhoods. The property presents a prime opportunity for a developer to create a residential or mixed-use scheme or for an owner-user to either utilize the existing residential/community facility buildings or create their own bespoke facility.
172-180 St Nicholas Avenue (including 399a Himrod Street), just steps away from the Dekalb Avenue L train, is located in the heart of Bushwick. The property is a short distance from Maria Hernandez Park and three blocks from Knickerbocker Avenue, the main commercial and social center of this trendy neighborhood. The subway provides quick and direct access to Manhattan and the rest of Brooklyn.
The existing buildings total approximately 11,300 SF with the ability to mass 19,800 SF of residential or 43,200 SF of mixed use/community facility on the lot.
Ownership encourages proposals that include the option for Seller to buy-back a 5,000 SF, white-box community facility within a new building developed by purchaser.
172-180 St Nicholas Avenue (including 399a Himrod Street), just steps away from the Dekalb Avenue L train, is located in the heart of Bushwick. The property is a short distance from Maria Hernandez Park and three blocks from Knickerbocker Avenue, the main commercial and social center of this trendy neighborhood. The subway provides quick and direct access to Manhattan and the rest of Brooklyn.
The existing buildings total approximately 11,300 SF with the ability to mass 19,800 SF of residential or 43,200 SF of mixed use/community facility on the lot.
Ownership encourages proposals that include the option for Seller to buy-back a 5,000 SF, white-box community facility within a new building developed by purchaser.
PROPERTY FACTS
| Price | $4,000,000 | Building Size | 11,300 SF |
| Price Per SF | $353.98 | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built | 1957 |
| Property Type | Specialty | Parking Ratio | 0.18/1,000 SF |
| Lot Size | 0.21 AC | ||
| Zoning | R6 | ||
| Price | $4,000,000 |
| Price Per SF | $353.98 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Lot Size | 0.21 AC |
| Building Size | 11,300 SF |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 0.18/1,000 SF |
| Zoning | R6 |
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Walk Score®
Walker's Paradise (96)
Transit Score®
Rider's Paradise (98)
Bike Score®
Biker's Paradise (90)
PROPERTY TAXES
| Parcel Number | 03271-0030 | Improvements Assessment | $560,250 |
| Land Assessment | $77,400 | Total Assessment | $637,650 |
PROPERTY TAXES
Parcel Number
03271-0030
Land Assessment
$77,400
Improvements Assessment
$560,250
Total Assessment
$637,650
(212) 736-6777
x2227
CONTACTS
-
Christopher Turner -
Cameron Tuttle -
Kate Hrobsky -
Denham Wolf Real Estate Services, Inc.
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172-180 St Nicholas Ave - Bushwick Abbey
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