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- LoopNet Team
2610 Cropsey Ave
Brooklyn, NY 11214
South Brooklyn Development Site · Land For Sale
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0.28 AC
PROPERTY FACTS
DESCRIPTION
Three contiguous parcels located on Cropsey Ave in the Gravesend section of Brooklyn. A 2-story retail building sits on the southernmost lot (lot 51). There are currently three tenants occupying the space, all of which are on month to month agreements which allows the building to be delivered vacant. All units are separately metered, and tenants pay their utilities directly. Purchaser will have an income stream in place while plans are drafted and permits are secured. The highest and best use for this site would be to utilize the community facility FAR and construct an adult care facility, long-term care facility or a school. See attached massing study for a complete breakdown of development possibilities. A 25’ x 104.5’ section of lot 38 is deeded to the current owner and included in the sale. This portion of the property is not buildable but counts towards the FAR calculations. There is a 25’ x 182’ deeded easement exists, allowing egress to 26th Avenue. Please contact broker for a copy of the offering memorandum and massing study. 5/28/19 - Huge Price Reduction-Owner is extremely motivated and requests ALL offers/proposals.
