This Land Property is no longer advertised on LoopNet.com.

403 Gates Ave
Brooklyn, NY 11216
Land For Sale · 0.04 AC

Investment Highlights

  • Heavy foot traffic
  • Open, clean vacant lot
  • Located in an Opportunity Zone
  • Close to public transportation and highways
  • Surrounded by high end residential buildings
  • 5625 Buildable Square Feet

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Dorms
Total Lot Size 0.04 AC
Zoning R6A / C2-4

Description

403 Gates Avenue is a vacant development Site in an Opportunity Zone on the north side of Gates Avenue between Bedford and Nostrand Avenues. The zoning is R6A/C2-4 (FAR 3.0 Res. 2.0 Comm.) providing approximately 5,625 of buildable square feet as-of-right for a mixed-use project. The property is surrounded by a variety of residential and mixed-use development projects that are driving strong pricing growth.

Property Taxes

Property Taxes

Parcel Number
01807-0058
Land Assessment
$125,550
Improvements Assessment
$0
Total Assessment
$125,550
  • Listing ID: 32359387

  • Date on Market: 7/5/2024

  • Last Updated:

  • Address: 403 Gates Ave, Brooklyn, NY 11216

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