599 Ashford St Brooklyn, NY 11207
- Auto shops
- 0.04 lot acres
Current Use by Public Records
- Auto shops
Property Details for 599 Ashford St
- Lot size
- 0.04 lot acres
- Zone code
- R5
- Property type
- Auto shops
- APN
- 04080-0016
- APU
- 40800016
Description
This exceptional 1,800 square foot residential lot, located at 599 Ashford Street in Brooklyn, New York, presents a unique investment opportunity. Situated in a bustling East New York neighborhood, this property boasts an advantageous R5 zoning designation. Its convenient location between Dumont Avenue and New Lots Avenue provides easy access to a variety of amenities, including shops and restaurants. Public transportation is readily available, with the #3 subway station and B15 bus stop just a short distance away. The property's high visibility and accessibility make it ideal for a variety of development projects. A preliminary architectural plan, commissioned by the seller, envisions a three-story building incorporating a community facility (such as a church or medical facility) on the ground floor, and four residential units (two per floor) on the upper levels. This plan offers a compelling framework, but the property's R5 zoning allows for considerable flexibility in development. The seller is highly motivated and open to considering all reasonable offers. This is a rare chance to acquire a well-positioned lot in a rapidly developing area of Brooklyn. The zip code is 11207, and the property is located in Kings (Brooklyn) County.
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
- -73.8832
- Latitude
- 40.6673
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
