674 Glenmore Ave
Brooklyn, NY 11207
674 Glenmore Ave, Brooklyn, NY · Land For Sale · 0.10 AC

Introducing 674 Avenue, Corner Residential/Community Facility Development Site located in heart of East New York. Offering an incredible corner development opportunity for Residential Condo/Rental Building or Mixed Use with Community Facility. Zoned R5B, located in an Opportunity Zone, perfect for experienced developers looking to add to the community and take advantage of preferential tax treatment. There is no capital gains tax upon the sale of investments in Qualified Opportunity Zone (QOZ) if held for 10 years. There is also no depreciation recapture. Located on Glenmore Avenue just five blocks from the Shepherd Ave A, C & Cleveland Street J train stations and two blocks from Atlantic Avenue & one mile from Jackie Robinson Parkway. Surrounded by PS 4K Paradise Garden, Ashford Street Abundant Garden, Highland Park, Highland Park Tennis Courts, North Brooklyn YMCA, Forest Park Golf Course. Please inquire for the sales memo and additional information regarding this opportunity. All material herein is intended for information purposes only and has been compiled from sources deemed reliable. Though information is believed to be correct, it is presented subject to errors, omissions, changes, or withdrawal without notice. Buyer to verify all information.