238 Melrose StBrooklyn, NY 11206

This vacant, mixed-use building at 238 Melrose Street in Brooklyn, NY, presents a compelling redevelopment opportunity. The 17,556-square-foot property, classified as Class C, sits on a 5,000-square-foot lot (50' x 100' lot line, 45' x 95' building base) and is zoned R6, allowing for significant residential development potential. Currently a four-story structure, the building is entirely vacant and offers a clean slate for a new project. The existing structure includes a ground floor laundromat, a freight elevator, and artist studios on the upper floors. The asking price is $7,000,000, translating to $398.72 per square foot. Detailed information, including surveys, floor plans, an environmental report, and additional photos, are available upon request. This property is an exceptional investment for developers seeking a prime location in a rapidly growing Brooklyn neighborhood. The building's size and zoning provide ample flexibility for a variety of residential projects. Don't miss this chance to acquire a key piece of Brooklyn real estate.