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3165 Harkness Ave
Brooklyn, NY 11235
Land For Sale
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1.15 AC
Investment Highlights
- Features a large paved parking lot and seasonal outdoor restaurant seating on the water.
- Potential to generate additional income from current tenant who pays $104,508/yr with 3% annual increases, as well as 12.5% property tax reimbursement
- One block from the Shore Pkwy / Belt Pkwy entrance ramp offering quick and convenient access across Brooklyn and to other boroughs.
- Ideal opportunity for a restaurant business operator to take the vacant waterfront space with all restaurant infrastructure in place.
- AE BFE designation may be used to exclude the ground floor from zoning floor area calculations, effectively gaining a floor area bonus.
Property Facts
| Property Type | Land | Total Lot Size | 1.15 AC |
| Property Subtype | Commercial | ||
| Zoning | R3-2/C2-3 - Commercial district predominantly residential in character | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.15 AC |
| Zoning | R3-2/C2-3 - Commercial district predominantly residential in character |
Description
The property is 1 block from the Shore Pkwy / Belt Pkwy entrance ramp offering quick and convenient access across Brooklyn and to other boroughs. Sheepshead Bay and Coney Island are experiencing unprecedented development activity with several thousand new units delivered in the past 3 years and another thousand in the pipeline over the next 2 years. Take advantage of this opportunity to acquire a commercial asset with excellent scale on Brooklyn’s waterfront in a rapidly evolving market.
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