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435 Rockaway Ave 0.06 Acres of Residential Land Offered at $1,200,000 in Brooklyn, NY 11212

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Investment Highlights

  • Prime intersection
  • Potential to build 5 story building

Executive Summary

Foundation is in place.
Prime development site at busy intersection - Pitkin avenue / Rockaway avenue
Commercial and residential FAR potential
Asking: 2,000,000
Lot size: 25x100
Residential FAR: 2.43
Commercial FAR: 3.4
Facility FAR: 4.8
Maximum usable floor area: 8500
Usable floor area as built: 10,700
Already excavated with steel foundation in place
Few blocks from the 3 subway train line
High foot traffic area

Property Facts

Price $1,200,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.06 AC
Opportunity Zone Yes
Zoning C4-3 - Zoning: C4-3 25x100 square foot lot Residential FAR 2.43 Commercial FAR 3.4 Facility FAR 4.8 FAR as built 4.28 i Maximum usable floor area 8,500

1 Lot Available

Lot

Price $1,200,000
Price Per AC $20,908,837.47
Lot Size 0.06 AC

Prime intersection, Pitkin avenue / Rockaway avenue 25x100 square foot lot Residential FAR 2.43 Commercial FAR 3.4 Facility FAR 4.8 FAR as built 4.28 i Maximum usable floor area 8,500 Usable floor area as built 10,700 Unused FAR -2,200

Description

Prime intersection. Lot for sale. Already excavated, with steel foundation in. Lot size: 25x100 Residential FAR 2.43 Commercial FAR 3.4 Facility FAR 4.8 FAR as built 4.28 i Maximum usable floor area 8,500 Usable floor area as built 10,700 Unused FAR -2,200

Walk Score®
Walker's Paradise (92)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
03522-0012
Land Assessment
$81,000
Improvements Assessment
$39,600
Total Assessment
$120,600
  • Listing ID: 31899303

  • Date on Market: 5/23/2024

  • Last Updated:

  • Address: 435 Rockaway Ave, Brooklyn, NY 11212

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