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209 Butler St Brooklyn, NY 11217

OFF-MARKET Industrial properties Google Maps
5,000 SF
Estimated value
No estimation on file for this property yet.
Property ID US63-0837558

Property summary

AI-generated overview

This exceptional 2,500 square foot lot, located at 209 Butler Street in Brooklyn, New York (zip code 11217), presents a remarkable opportunity for developers. The property boasts a generous 5,000 square foot buildable area, with a 2.0 Floor Area Ratio (FAR), allowing for significant development potential. The permitted zoning is R6B/M1-2, making it ideal for a condo or multifamily rental project. This prime location offers unparalleled walkability to a variety of amenities, including Downtown Brooklyn, Barclays Center, a Whole Foods Market, and popular local establishments such as Strong Rope Brewery and Wild East Brewing, as well as Movement Gowanus Rock Climbing gym. The property's address is 209 Butler Street, Kings County, New York, with APN 405-60. Its convenient location and substantial buildable area make this an exceptional investment opportunity in a thriving Brooklyn neighborhood. This is a rare chance to capitalize on the high demand for residential development in this dynamic area. The property's latitude and longitude coordinates are 40.6823789 and -73.9871479 respectively. Don't miss this chance to acquire a highly desirable development site in a rapidly growing part of Brooklyn.

Property profile

Verified
Property type Industrial properties
Total area 5,000 SF
UPID US63-0837558

Cap rate & NOI

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

Value estimations

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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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