824 49Th St Brooklyn, NY 11220
- Land
- 1,150 SF
Current Use by Public Records
- Land
Property Details for 824 49Th St
- Property size
- 1,150 SF
- Property type
- Land
Description
This exceptional commercial land parcel, located at 824 49th Street in the vibrant Kings County borough of Brooklyn, New York, presents a unique investment opportunity. The property boasts a total lot size of 1,950 square feet and is zoned for commercial use. The asking price is $750,000. While the existing structures are not extensive, the property includes a walk-in space of approximately 450 square feet and a 700 square foot basement area, offering immediate potential for various commercial ventures. The four-story building height allows for significant development possibilities. The property's strategic location in Brooklyn, NY 11220, places it in close proximity to public transportation and a variety of restaurants, ensuring high visibility and accessibility for any business. The 1,150 square feet of existing building space, combined with the substantial lot size, provides ample room for expansion or redevelopment. This property is ideal for entrepreneurs seeking a high-traffic location to establish their business or for investors looking for a promising development project in a thriving Brooklyn neighborhood. The ceiling height is noted as "Other," requiring further investigation for specific development plans. This is a rare opportunity to acquire a commercial property in a prime Brooklyn location. Serious inquiries are encouraged.
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
- -74.0027
- Latitude
- 40.6411
