Listing Agency: Asset CRG Advisors, LLC

Listed By: Sadya Liberow · License #NY Show Phone

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 7:25PM

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Investment Insights

Based on property information with market context.

This vacant commercial land parcel occupies a corner position in East New York, Brooklyn. Approved plans accompany the property, providing an established planning component for future development. The site has 200 feet of frontage on two busy streets and is associated with a 25-year tax abatement.

The property is located near the Euclid Ave [A, C] Train Station, providing access to nearby subway service. Its Sutter Avenue address places the parcel within Brooklyn’s East New York area.

Key Highlights

• Approved plans accompany the vacant commercial land parcel
• 200' feet of frontage on two busy streets
• 25 year tax abatement

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Dental Office Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,325

Businesses Nearby

Explore this area Business Placement

Demographics for 11208, NY

101,958

Population

37,261

Households

2.7

Avg Household Size

35

Median Age

16%

College-Educated

82%

High-School Grad

2.7 sq mi

ZIP Area

37,762

Density / Sq Mi

$59,988

Median Household Income

$40,156

Median Earnings

$1,563

Median Rent

$638,200

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Vacant corner parcel offers frontage on two busy streets and a 25-year tax abatement.

Where is this commercial land located?

The property is located at 1497 Sutter Ave Brooklyn, NY.

What are key features of this property?

This property features: Approved plans accompany the vacant commercial land parcel; 200' feet of frontage on two busy streets; 25 year tax abatement