3802 Avenue U
Brooklyn, NY 11234
Blockfront Development Site Up to 40K BSF · Land For Sale
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0.46 AC
Property Facts
Description
Cushman & Wakefield has been exclusively retained to arrange for the sale or ground lease of 3802 Avenue U, Marine Park, Brooklyn. 3802 Avenue U encompasses an entire blockfront between E 38th Street and Ryder Street with great potential for redevelopment. The lot equates to approximately 20,000 square feet. The current building on this lot spans approx 2,550 SF and is currently vacant which allows for immediate development. 3802 Avenue U sits in an R4 zoning area which allows for up to approximately 18,000 buildable square feet for residential development and 40,000 buildable square feet for a community facility. The property is in a great location, with multiple bus lines including the B3 and Q35. The location is surrounded by a great mix of entertainment, retail, and dining with Kings Plaza only 4 blocks away. Credit retail tenants include H&M, Best Buy, Starbucks and CVS. This is an ideal opportunity for a free-standing medical facility in a submarket with high demand and record low vacancy rates.
Property Taxes
| Parcel Number | 08555-0037 | Improvements Assessment | $143,100 |
| Land Assessment | $243,000 | Total Assessment | $386,100 |
Property Taxes
