Property Listing No Longer Available for Sale

1757-1759 Bay Ridge Pkwy, Brooklyn, NY

Multi-Use for Sale - $7,200,000 - 14,900 Sq. Ft. on 0.18 acres


Property Info

CIMLS#1018073
Location
  1757-1759 Bay Ridge Pkwy
  Brooklyn NY 11204
UpdatedJune 27th, 2018
TypeMulti-Use
Price$7,200,000
Building14,900 Sq. Ft.
Land0.18 acres

Property Description

We are pleased to offer a 14,899 buildable SF (BSF) development site for sale. Located at 1759 Bay Ridge Parkway, in the Bensonhurst section of Brooklyn NY. The sale consists of Approved plans for 13 Condos, a 5,395 Community Facility and underground parking for 16 vehicles. Additionally the owner is completing the foundation portion of construction.

Investment Highlights

 8,000 SF Lot / 14,899 BSF \ Zoned R5

 Includes approved plans for 13 condos, a 5,395 community facility and 16 underground parking spaces.

 Projections: 23% Return on Investment (See financial projections on P.3)


Financials

Projection: 23% Return on Investment



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