522 86Th StBrooklyn, NY 11236

For Sale
$799,000

4,000 sq ft development opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
95
This exceptional 4,000 square foot commercial land parcel, located at 522 East 86th Street in the Canarsie section of Brooklyn, New York, presents a unique investment opportunity. Zoned C8-1, this gated lot measures 40 feet wide by 100 feet deep, offering significant potential for various commercial uses or redevelopment. The property's existing infrastructure includes a gated entrance, enhancing security and providing a defined perimeter. Its strategic location within the vibrant Canarsie neighborhood offers easy access to major transportation routes and a diverse range of amenities. The site boasts a Floor Area Ratio (FAR) of 2.4 for residential development and a commercial FAR of 1.0, providing flexibility for a range of development projects. Given the limited availability of similar properties in the current market, this offering represents a rare chance to acquire a substantial commercial land parcel in a rapidly growing area of Brooklyn. The asking price is $799,000. This presents a compelling opportunity for developers, investors, and entrepreneurs seeking a prime location for their next venture. The property's zoning and dimensions allow for considerable flexibility in project design and execution. Serious inquiries are encouraged.

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.642846
Longitude
-73.914261
522 86Th St, Brooklyn, New York

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522 86Th St
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