224-240 Clarkson Ave Brooklyn, NY 11226
- Retail properties
- 103,200 SF
Current Use by Public Records
- Retail properties
Property Details for 224-240 Clarkson Ave
- Property size
- 103,200 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional commercial property at 224-240 Clarkson Avenue in Brooklyn, New York (zip code 11226), presents a significant development opportunity. The site, situated between Nostrand and Rogers Avenues, boasts a substantial lot size of 30,000 square feet and offers a scalable floorplate of approximately 150' x 200'. The property is zoned R7-1/C2-3, allowing for a buildable square footage of 103,200 square feet as-of-right, expandable to 144,000 square feet with the inclusion of a community facility. This makes it ideally suited for large-scale residential, educational, or medical facilities. The asking price is $22,500,000. Benefitting from its location in an Opportunity Zone, this property offers significant tax advantages. The area is vibrant, with easy access to Prospect Park, Kings County Hospital, SUNY Downstate Medical Center, and a variety of local amenities including cafes, bars, restaurants, and shops. Convenient public transportation is readily available, with the 2 and 5 subway lines at the Winthrop stop, and the B44-SBS and B49 buses on Rogers Avenue, as well as the Q train on Parkside Avenue. This is a rare chance to acquire a substantial development site in a thriving Brooklyn neighborhood.
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
- State
- New York
- Longitude
- -73.9519
- Latitude
- 40.6551
