282 Essex St Brooklyn, NY 11208
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 282 Essex St
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents two contiguous vacant lots totaling 5,227 square feet, located at 282 Essex Street in the rapidly developing East New York section of Brooklyn, New York. The property, identified as a single parcel with a listed size of 2,615 square feet, is actually comprised of two lots measuring 50 feet by 104.67 feet each. This unique configuration offers significant flexibility for developers and investors seeking to capitalize on the area's growth. The land is zoned for both residential and commercial use, opening a wide array of development possibilities. The asking price for this combined parcel is $750,000. Situated in Kings County (Brooklyn), New York, with a zip code of 11208, this property boasts a prime location within a neighborhood experiencing substantial transformation. The strategic positioning and zoning flexibility make this an attractive proposition for those seeking to participate in the ongoing revitalization of East New York. The property's size and location present a compelling opportunity for a variety of projects, from residential construction to commercial ventures. This is a rare chance to acquire a significant land holding in a high-growth area of Brooklyn.
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
- -73.882782
- Latitude
- 40.677185
