438 Herkimer St | Brooklyn, NY 11213
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- LoopNet Team
438 Herkimer St
Brooklyn, NY 11213
438 Herkimer Street - 421A Eligible Site · Land For Sale
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0.15 AC
Investment Highlights
- Situated in the Bedford-Stuyvesant neighborhood, just two blocks from the Kingston-Throop Aves [A, C] Subway Station.
- Mid-construction, presenting an opportunity to complete the project at potentially lower costs, leveraging existing structural work and materials.
- he property falls under Tax Class 2B, ensuring lower tax rates and providing a stable, protected tax environment for the development
- Construction Opportunity: The property is currently mid-construction, with approved plans for an elevator-ed 6-story building.
- Detailed approved plans for the construction of 8 rentals are available upon request, streamlining the development process.
- Total buildable area of approximately 6,600 SF and a projected gross building SF of 8,376 SF, the site offers significant development potential.
Property Facts
Description
Versatile development opportunity
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