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    OFF-MARKET
    Commercial real estate

    114 Bay 50Th St, Brooklyn, NY 11214

    1,856 SF
    Property ID
    US63-3852949
    Property summary
    AI-generated overview

    This exceptional development opportunity presents a 7,680 square foot lot located at 114 Bay 50th Street in Brooklyn, New York, 11214. Priced at $1,999,000, this property is zoned R5 and offers significant potential for builders and investors. The lot measures approximately 80x96 feet and includes two additional adjacent lots (6917/34 and 6917/33), each measuring 20x96 feet, significantly expanding the buildable area. A survey is available upon request for interested parties. The property is being sold "as is". This prime location in Bath Beach offers convenient access to shopping, transportation, schools, and the parkway, making it an attractive site for various residential or commercial projects. The existing structure is considered Class C0. Please note that trespassing on the property or disturbing the occupant is strictly prohibited. This is a rare opportunity to acquire a substantial land parcel in a desirable Brooklyn neighborhood. Serious inquiries only.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 1,856 SF
    UPID US63-3852949
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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