4316 Avenue D Brooklyn, NY 11203
- Retail properties
- 7,800 SF
Current Use by Public Records
- Retail properties
Property Details for 4316 Avenue D
- Property size
- 7,800 SF
- Property type
- Retail properties
Description
This 7,800 square foot retail property located at 4316 Avenue D in Brooklyn, New York, is offered at $1,950,000. Situated on a 7,800 square foot lot, this vacant parcel currently functions as a parking lot. The property boasts significant frontage, measuring 80 feet along Avenue D and 97.5 feet along Troy Avenue, totaling 177.5 feet of combined wraparound frontage. Its location in East Flatbush provides convenient access to local amenities, restaurants, and retailers. Public transportation is readily available via the B8 bus line, connecting to the 2/5 train at Flatbush Avenue. Zoned R4, this site presents a unique development opportunity for residential projects, including townhouses or multifamily buildings, potentially leveraging the 485-X program for rentals or condominiums. The property's central location within a growing neighborhood with recent successful residential developments makes it an attractive investment for developers seeking a boutique project in the heart of Brooklyn. The property's address is 4316 Avenue D, Brooklyn, NY 11203.
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
- -73.9354
- Latitude
- 40.6415
