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1893 Eastern Pky
Brooklyn, NY 11233
Retail Property For Sale
Investment Highlights
- Fully Free-Market: The property is fully free market, allowing future ownership to capitalize on neighborhood improvement
- Protected Tax Class: 2A & 2B Tax Class limits tax increase to no more than 8% a year or 30% over 5 years
- 126’ of combined frontage, 106’ of which is on Eastern Parkway, a heavily trafficked corridor1893-1895 EASTERN PKWY BROOKLYN, NY 11233
- Though building is in fully functional condition with no need for short term capital improvements, future renovations should garner higher rents
- 4 blocks to Broadway Junction, with L, J, Z, A, & C trains, offering access to Williamsburg, Downtown Brooklyn, and Union Square within 35-40 minutes
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,729 SF
Building Class
B
Year Built
1927
Tenancy
Multiple
Building Height
3 Stories
Building FAR
4.07
Lot Size
0.05 AC
Zoning
R5 - Low Density residential
Frontage
Property Taxes
| Parcel Number | 01570-0027 | Improvements Assessment | $238,500 |
| Land Assessment | $76,500 | Total Assessment | $315,000 |
Property Taxes
Parcel Number
01570-0027
Land Assessment
$76,500
Improvements Assessment
$238,500
Total Assessment
$315,000
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