504 Beverley Rd Brooklyn, NY 11218
- Commercial real estate
Current Use by Public Records
- Titus Contracting / General Contractor
- rahil contracting / Contractor
Property Details for 504 Beverley Rd
- Property type
- Commercial real estate
Description
This exceptional 8,000 square foot residential lot presents a remarkable development opportunity in Brooklyn's desirable Kensington/Windsor Terrace neighborhood. Located at 504 Beverley Road, this 80x100 lot is zoned R5, allowing for a substantial 10,000 square foot buildable area. Pre-submitted plans for a four-to-three-family property are currently awaiting approval, offering a streamlined path to construction. The property's prime location provides easy access to major transportation arteries, including Ocean Parkway, Church Avenue, and the Prospect Park Expressway, ensuring convenient commutes to downtown Brooklyn and Manhattan. Nearby public transportation options further enhance its appeal. This presents a unique chance to capitalize on Brooklyn's thriving real estate market and achieve a significant return on investment. The seller is open to exploring joint-venture possibilities, making this an attractive proposition for various development strategies. This is an exceptional opportunity to build in one of Brooklyn's most sought-after areas. Act quickly to secure this prime development site.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings (Brooklyn)
- State
- New York
- Longitude
- -73.9752205
- Latitude
- 40.6429504