314 49Th St Brooklyn, NY 11220
- Land
Current Use by Public Records
- Land
Property Details for 314 49Th St
- Property type
- Land
Description
This exceptional 4,550 square foot land parcel presents a remarkable development opportunity in Brooklyn's vibrant Sunset Park neighborhood. Located at the highly desirable corner of 3rd Avenue and 49th Street, this property boasts 100 feet of frontage on 3rd Avenue, offering significant visibility and accessibility. The R6B zoning designation unlocks a wide range of potential development projects, aligning perfectly with the surrounding area's ongoing transformation. Noteworthy is the substantial development activity already present on every corner of this intersection, indicating a strong and growing market. This offering includes a unique package deal with the adjacent property at 318 49th Street, providing an even more compelling investment proposition. The asking price for this prime development site is $2,500,000. Situated in Kings County (Brooklyn), New York, with a zip code of 11220, this location offers easy access to major transportation routes and a wealth of amenities. The property's geographic coordinates are 40.6385229 latitude and -74.0153231 longitude. This is a rare chance to acquire a substantial piece of land in a rapidly appreciating area, ideal for both experienced developers and astute investors.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings (Brooklyn)
- State
- New York
- Longitude
- -74.0153
- Latitude
- 40.6385
