67-75 Saint Marks Pl Brooklyn, NY 11217
- Mixed-use properties
- 84,780 SF
Current Use by Public Records
- Mixed-use properties
Property Details for 67-75 Saint Marks Pl
- Property size
- 84,780 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use development opportunity is located at 67-75 4th Avenue & 77 Saint Marks Place in Brooklyn, New York, within the desirable Park Slope neighborhood. The property boasts a substantial 84,780 square feet of buildable space, currently vacant and ready for immediate development. The lot size is 10,580 square feet, offering significant potential for a large-scale project. The C4-4D/G (R9 Equivalent) zoning permits a wide range of development options. Additionally, there are substantial air rights available, totaling 60,547 square feet, providing further expansion possibilities. The property enjoys excellent street frontage, approximately 79-100 feet along 4th Avenue, with the potential for cantilevering over the corner. This prime location sits on the east side of 4th Avenue between Bergen Street and St. Marks Place in Boerum Hill, benefiting from a strong rental market averaging $85 per square foot, with condominium sales exceeding $1,600 per square foot. This presents a unique chance to capitalize on the vibrant Park Slope market and create a highly lucrative development. The property's size, zoning, and location combine to create an unparalleled investment opportunity.
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
- -73.9797
- Latitude
- 40.6818
