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    OFF-MARKET
    Commercial real estate

    17 Lacon Ct, Brooklyn, NY 11229

    Property ID
    US63-0977551
    Property summary
    AI-generated overview

    This exceptional 48,974 square foot waterfront property in Gerritsen Beach, Brooklyn, presents a unique development opportunity. Located at 17 Lacon Ct and 37-43 Joval Ct, the land is zoned R3A/C3A, allowing for a diverse range of projects. The site boasts 29,384 square feet zoned for residential development under R3A guidelines, and an additional 19,590 square feet zoned C3A, suitable for commercial or recreational waterfront uses. This dual zoning allows for creative development plans, potentially including the construction of up to twelve waterfront homes, each with private dock access, or the incorporation of a senior center or other waterfront recreational facilities. The asking price is $3,500,000, translating to a land value of $71 per square foot. Seller financing is available. The property's location in desirable Gerritsen Beach offers stunning waterfront views and easy access to various amenities. Detailed plans should be confirmed with an architect to fully explore the development potential of this remarkable site. The property's size and zoning provide significant flexibility for a variety of development projects, making it an attractive investment opportunity. The address is 17 Lacon Ct & 37-43 Joval Ct, Brooklyn, NY 11229.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US63-0977551
    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
    Current use
    Occupant on record · Public records
    • Technology HouseCalls Tech Support Center IT Consulting Firm
    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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