Listing Agency: REMAX EDGE j***@gmail.com Show Phone

Listed By: Jason Zhou · License #10301217017

Source: Crexi

Added: Sep 17, 2024 Changed: Aug 13 Last Checked: Aug 24 at 10:46PM

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Investment Insights

Based on property information with market context.

Located in the prime Sunset Park neighborhood, this empty lot offers a rare opportunity. The lot has approximate dimensions of 28x100 feet, totaling approximately 2,820 square feet. It is zoned M1-1, with a FAR of 2.4, allowing for 6,768 buildable square feet. The annual property tax is approximately $8,000. Interested parties should verify details and potential variances with their architect. The property presents a significant opportunity.

Key Highlights

• Located in the Prime Sunset Park Neighborhood
• Buildable square footage of 6,768 (FAR 2.4)
• Lot dimensions are approximately 28x100' (2,820 square feet)

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Nursing Home Parking Lot & Garage Veterinary 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

6,315

Businesses Nearby

Explore this area Business Placement

Demographics for 11220, NY

105,797

Population

30,897

Households

3.4

Avg Household Size

35

Median Age

25%

College-Educated

62%

High-School Grad

1.7 sq mi

ZIP Area

62,234

Density / Sq Mi

$64,201

Median Household Income

$31,489

Median Earnings

$1,688

Median Rent

$1,021,200

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Empty lot in Sunset Park with significant development potential.

Where is this commercial land located?

The property is located at 708 61st Street Brooklyn, NY.

What is the asking price?

The asking price for this property is $2,500,000.

What are key features of this property?

This property features: Located in the Prime Sunset Park Neighborhood; Buildable square footage of 6,768 (FAR 2.4); Lot dimensions are approximately 28x100' (2,820 square feet)