1417 63Rd St Brooklyn, NY 11219
- Retail space
- 1,232 SF
- 0.12 lot acres
Current Use by Public Records
- Retail space
Property Details for 1417 63Rd St
- Year built
- 1960
- Lot size
- 0.12 lot acres
- Property size
- 1,232 SF
- Zone code
- M1-1
- Property type
- Retail space
- APN
- 05734-0020
- APU
- 57340020
Description
This exceptional 4,503 square foot lot at 1417 63rd Street in Brooklyn, NY (zip code 11219), presents a remarkable development opportunity. Located in the Bensonhurst/Boro Park area, this oversized lot measures 40x112 feet, offering significant potential. The property currently features a small, non-mortgageable metal shed. Its prime location and high Floor Area Ratio (FAR) of 2.4 for community uses allow for the construction of up to 12,112 square feet. Ideal uses include houses of worship, medical facilities, educational institutions, libraries, childcare centers, city/state organizations, or warehouse/import-export businesses. The property's convenient location offers easy access to public transportation, with proximity to the B train station and multiple bus stops. Given the limited availability of new land in this area, this represents a unique investment opportunity. This is a cash deal only. The property is situated in Kings County.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9975
- Latitude
- 40.6257
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
