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Property profile

0 Force Tube Ave Brooklyn, NY 11208

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 5,500 square foot lot presents a remarkable opportunity for developers in the vibrant Cypress Hill/East New York neighborhood of Brooklyn, New York. Located at 0 Force Tube Avenue, zip code 11208, this property boasts an R6A zoning designation, unlocking significant potential for residential construction. Preliminary assessments suggest the possibility of developing up to 16,500 square feet of residential living space, making this a highly attractive investment. The land is situated in Kings County (Brooklyn), New York, offering convenient access to major transportation routes and local amenities. The asking price for this prime development opportunity is $999,000. Given the favorable zoning and substantial buildable area, this lot represents a compelling investment for those seeking to capitalize on the growing demand for residential properties in this dynamic Brooklyn neighborhood. The property's location in the Cypress Hill/East New York area offers a blend of urban convenience and community character. Detailed site plans and zoning information are readily available upon request. This is a rare chance to acquire a sizable development lot in a rapidly developing area of Brooklyn. Don't miss this chance to secure a promising future project.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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