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900 Granville Payne Ave - Vacant Commercial Land | 2 M1-1 Zoned Parcels 13,500 Acres of Commercial Land Offered at $3,000,000 in Brooklyn, NY 11207
Investment Highlights
- Rare Brooklyn Development Opportunity | Two-Parcel Offering
- Established Commercial Corridor | Premier Retail Node
- Flexible M1-1 Zoning | Broad Development Potential
- Brooklyn Market Fundamentals | Supply Constrained Growth
Executive Summary
SRS Capital Markets is pleased to offer the opportunity to acquire two development parcels totaling 13,500 square feet, offered together as a single investment opportunity and not available for separate purchase, in Brooklyn, New York. The offering presents a rare opportunity to acquire development-ready land in one of the nation’s most supply-constrained real estate markets. The parcels benefit from flexible M1-1 zoning, permitting a broad range of commercial and industrial uses as of right at a 1.0 FAR, with community facility uses eligible for up to a 2.4 FAR. The combination of flexible zoning and Brooklyn’s limited supply of development-ready land creates a compelling opportunity for a variety of development strategies.
Property Facts
| Price | $3,000,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 13,500.00 AC |
| Zoning | M1-1 | ||
| Price | $3,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 13,500.00 AC |
| Zoning | M1-1 |
1 Lot Available
Lot
| Price | $3,000,000 | Lot Size | 13,500.00 AC |
| Price Per AC | $222.22 |
| Price | $3,000,000 |
| Price Per AC | $222.22 |
| Lot Size | 13,500.00 AC |
The East Parcel fronts Pennsylvania (Granville Payne) Avenue, a prominent commercial corridor in East New York, while the West Parcel fronts Sheffield Avenue. The property is located just minutes from Gateway Center, a 3.9 million square foot regiona
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Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Moderately bikeable
60/100
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900 Granville Payne Ave - Vacant Commercial Land | 2 M1-1 Zoned Parcels
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