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    OFF-MARKET
    Commercial real estate

    3038 Brighton 5Th St, Brooklyn, NY 11235

    4,000 SF
    Property ID
    US63-0200283
    Property summary
    AI-generated overview

    This exceptional 5,200 square foot lot, located at 3038 Brighton 5th Street in Brooklyn, New York (zip code 11235), presents a remarkable development opportunity. The property boasts a 52 x 100 foot lot size and includes a private driveway. Currently zoned 6, it offers a Floor Area Ratio (FAR) of 2.43 and a facility FAR of 4.8, allowing for the potential construction of up to 12,636 square feet of building space. This translates to significant potential for a large-scale development project, making it ideal for seasoned developers or those seeking a lucrative first venture. The property's location is highly desirable, situated just blocks from convenient shopping and a train station, ensuring easy access and high desirability for future residents or tenants. This is a package deal including 3042 Brighton 5th Street. The asking price for this prime piece of real estate is $2,200,000. Don't miss this chance to acquire a substantial development site in a thriving Brooklyn neighborhood.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 4,000 SF
    UPID US63-0200283
    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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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