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- LoopNet Team
2840 Brighton 4th St
Brooklyn, NY 11235
2840-2848 BRIGHTON 4TH STREET · Land For Sale
·
0.61 AC
INVESTMENT HIGHLIGHTS
- Frontage to Brighton 4th Street
- Zoned R6 allowing for 14,608 buildable square feet of development as-of-right
- (4 Lots) measure 80 ft x 332 ft
- Public transportation within 10+ minute walk
PROPERTY FACTS
DESCRIPTION
The site consists of four separate lots, each improved with an existing single-family home (Block: 7261 Lots: 81, 82, 83, 84). Combined, the lots measure 80 ft x 332 ft and are zoned R6 allowing for 14,608 buildable square feet of development as-of-right. The property is an ideal candidate for ground-up condominium development. -Local Condominium Prices breaching $800 per square foot. -Located within Seven-Minutes walking distance from Ocean Parkway "Q" Train Station and within a 12 Minute walking distance from the Sheepshead Bay "B" and "Q" Train Station. -Each lot features an existing single-family home offering investors an alternative exist strategy and the possibility of generating rental income prior to development.
