278 Essex St Brooklyn, NY 11208
- Commercial real estate
- 1,085 SF
Current Use by Public Records
- 311 TOWING / Towing Service / Service Establishment
Property Details for 278 Essex St
- Property size
- 1,085 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents two vacant lots totaling 5,227 square feet, located at 278 Essex Street in the rapidly evolving East New York section of Brooklyn, New York. The property, encompassing 2,617 square feet of buildable land, is ideally situated for a variety of development projects, catering to both residential and commercial ventures. The lots measure 50 feet by 104.67 feet, offering significant flexibility for developers seeking to capitalize on the area's growth. The asking price for this combined parcel is $750,000. This presents a unique chance to acquire land in a dynamic Brooklyn neighborhood poised for continued expansion. The property's zoning allows for diverse development options, making it an attractive proposition for investors and builders alike. The location in East New York offers convenient access to transportation, amenities, and a growing community. This is a rare opportunity to secure a substantial land holding in a high-growth area of Brooklyn, New York, with a zip code of 11208, and situated in Kings (Brooklyn) County. The property is currently vacant, providing a clean slate for ambitious development plans. Don't miss this chance to secure a piece of Brooklyn's future.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings (Brooklyn)
- State
- New York
- Longitude
- -73.8826864
- Latitude
- 40.6772834
