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- LoopNet Team
2264 Atlantic Ave
Brooklyn, NY 11233
Opportunity Zone Development Site · Land For Sale
·
0.08 AC
PROPERTY FACTS
| Property Type | Land | Proposed Use | Apartment Units |
| Property Subtype | Residential | Total Lot Size | 0.08 AC |
| Zoning | R6 - R6 is a medium-density residential zoning district. | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.08 AC |
| Zoning | R6 - R6 is a medium-density residential zoning district. |
DESCRIPTION
The Location: Located in walking distance from the Broadway Junction transportation hub this neighborhood is rapidly becoming one of the most desirable locations in central Brooklyn. The site is easily accessible to Manhattan, Brooklyn, Queens and Long Island via A, C, L, J, Z subways lines as well as the Long Island Rail Road. The Atlantic Avenue address allows for residents, amazon deliveries, and taxis to easily locate this building. The Value: Demand for updated housing stock is increasing as more residents are being priced out of Western Queens and Brooklyn. Rents in the neighborhood have been on the rise since early 2015 and are projected to go even higher with the recent rezoning of the Atlantic Avenue corridor. The East New York industrial park (just a half a mile to the south) has become home to many warehouse/distribution & manufacturing companies with multiple employees, which has brought about a new group of residents to the area.
PROPERTY TAXES
| Parcel Number | 01435-0010 | Improvements Assessment | $678,150 |
| Land Assessment | $104,850 | Total Assessment | $783,000 |
PROPERTY TAXES
