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402 Rockaway Ave Brooklyn, NY 11212

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For Sale
$4,500,000

Prime location parking lot with development potential, delivered vacant.

Lot size:
0.23 Acres

Property Features for 402 Rockaway Ave

General Information

Lot size
0.23 Acres

Source: Serhant Agent Kevin Oliveira

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Income Producing Brooklyn Parking Lot

This income-producing property is situated in a prime location with substantial foot traffic and close proximity to major transportation routes, including Atlantic Avenue (0.4 mile), Jackie Robinson Parkway (1.1 miles), and Linden Boulevard (1.1 miles). Currently operating as a parking lot at maximum capacity with a 5% cap rate, the property is ideal for an owner-user looking to maintain the existing business. The open lot has no existing structures and is also well-suited for developers seeking to generate income while awaiting approvals and permits. The property will be delivered vacant and is ready for development.
Insight Report Location Intelligence

Current Use by Public Records

Zipcar Car Rental Agency Pit Kin Parking Parking Lot Mold Inspection & Testing ... Environmental Health Service

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Hawk Car & Limo Service, U-Haul Neighborhood Dealer, U-Haul Neighborhood Dealer, O L Enterprise LLC, Richard Kareem Enterprise

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.910707
Latitude
40.668339

FAQs

What type of property is this?
Parking lot & garage - Prime location parking lot with development potential, delivered vacant.
Where is this parking lot & garage located?
The property is located at 402 Rockaway Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: - Income-producing parking lot business operating at maximum capacity.; - Prime location with heavy daytime foot traffic.; - Vacant lot ready for development with no existing structures.
More about this property
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