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Property profile

210 Montauk Ave 27 Brooklyn, NY 11208

Land
Property ID
US63-1220740
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Property summary

AI-generated overview

This exceptional 2,000 square foot vacant lot presents a remarkable development opportunity in the vibrant Brooklyn neighborhood. Located at 210 Montauk Avenue, in Kings County (Brooklyn), New York, 11208, this property boasts a desirable 20x100 foot lot size, perfectly suited for various construction projects. The R5 zoning designation unlocks a range of potential uses, allowing for creative and lucrative development plans. The property's address is conveniently situated within a dynamic and thriving area of Brooklyn, offering easy access to local amenities, transportation, and a diverse community. This is a rare chance to acquire a sizable, buildable lot in a prime Brooklyn location. The asking price for this exceptional property is $350,000. Serious inquiries are encouraged to explore the full potential of this exciting development opportunity. The property is currently vacant, providing immediate access for development. Its location at 40.67394 latitude and -73.87818 longitude offers convenient access to various transportation options and local businesses. This is a unique chance to invest in a rapidly growing area of Brooklyn. Don't miss this chance to secure this prime piece of land.

Property profile

Verified
Property type Land
UPID US63-1220740

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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