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244-246 7th St - 4th Avenue Development Assemblage 0.12 Acres of Commercial Land Offered at $12,600,000 in Brooklyn, NY 11215
Investment Highlights
- 120 Feet of wrap around frontage along 4th Avenue & 7th Street
- Rental market is $85 PSF with condo sellouts surpassing $1,600/SF
Executive Summary
- 48,101 BSF Corner mixed use development site in prime Gowanus
- Two blocks from the 4th Avenue-9th Street F,G, & R line along with the B61 bus line - accessible transportation to all five boroughs
- Rental market is $85 PSF with condo sellouts surpassing $1,600/SF
- Located on the southwest corner of 4th Avenue & 7th Street
- 120 Feet of wrap around frontage along 4th Avenue & 7th Street
- Prime corner location in a transformed neighborhood surrounded by numerous restaurants, cafes, parks and entertainment hot spots
- Two blocks from the 4th Avenue-9th Street F,G, & R line along with the B61 bus line - accessible transportation to all five boroughs
- Rental market is $85 PSF with condo sellouts surpassing $1,600/SF
- Located on the southwest corner of 4th Avenue & 7th Street
- 120 Feet of wrap around frontage along 4th Avenue & 7th Street
- Prime corner location in a transformed neighborhood surrounded by numerous restaurants, cafes, parks and entertainment hot spots
Property Facts
| Price | $12,600,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Mixed Use |
| Sale Condition | Redevelopment Project | Total Lot Size | 0.12 AC |
| No. Lots | 1 | Cross Streets | 416 4th Ave |
| Property Type | Land | ||
| Zoning | c4-4d - Regional commercial center located outside of the central business districts | ||
| Price | $12,600,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.12 AC |
| Cross Streets | 416 4th Ave |
| Zoning | c4-4d - Regional commercial center located outside of the central business districts |
1 Lot Available
Lot
| Price | $12,600,000 | Lot Size | 0.12 AC |
| Price Per AC | $106,948,240.45 |
| Price | $12,600,000 |
| Price Per AC | $106,948,240.45 |
| Lot Size | 0.12 AC |
48,101 BSF Corner mixed use development site in prime Gowanus. Highly sought-after corner location in a transformed neighborhood surrounded by numerous restaurants, cafes, parks and entertainment hot spots.
Description
48,101 BSF Corner mixed use development site in prime Gowanus. Highly sought-after corner location in a transformed neighborhood surrounded by numerous restaurants, cafes, parks and entertainment hot spots.
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Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100
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244-246 7th St - 4th Avenue Development Assemblage
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