732 Prospect Place, Brooklyn, NY 11216

Crown Heights, Brooklyn, New York 11216

$2,200,000  

Listing ID Number

24630

Property Description

Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 732 Prospect Place, a residential development site located on the south side of Prospect Place between Rogers and Nostrand Avenues. Multiple transportation options are available with the 2, 3, 4, 5 and Franklin Avenue Shuttle located within a 5 minute walk to Franklin Avenue – Botanic Garden Station, offering convenient access to Downtown Brooklyn and Manhattan within 15 minutes. The property presents a fantastic opportunity for a developer to invest in one of Brooklyn’s most sought after areas, and meet an already existing demand for new residential product.

Overview

Building Type:Development/Conversion Sites
Location:South side of Prospect Place between Rogers and Nostrand Avenues.
Block/Lot:1233/17
Lot Dimensions:21 x 127.75
Approx.
Lot Sq Ft:2,683
Approx.
Buildable Sq. Ft:8,048
Approx.
Available Air Rights:5,366
Approx.
Stories:3
Zoning:R6A
FAR:3.0
Taxes:$17,076

Documents

Contact

For further information or inspection, please contact Exclusive Agents:

DJ Johnston
Director
(718) 307 6515
dj.johnston@cushwake.com

Michael Amirkhanian
Executive Managing Director
(718) 606 7073
michael.amirkhanian@cushwake.com

William Cheng
Director
(718) 606 7037
william.cheng@cushwake.com

Bryan Kirk
Associate
(718) 307 6516
bryan.kirk@cushwake.com

Joshua Sabzevari
Associate
(718) 307 6521
joshua.sabzevari@cushwake.com


Property Images

Click the image for a high resolution version.

<     /     >

Property Map


Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.