100 Thatford AveBrooklyn, NY 11212

For Sale
$2,500,000

5,004 SF Office, Redevelopment Potential

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 5,004-square-foot office building at 100 Thatford Avenue in Brooklyn, NY 11212 presents a compelling investment opportunity. Located in Brownsville's rapidly revitalizing area, this property sits on a 50ft x 100.08ft lot and offers significant redevelopment potential. The current zoning (C4) allows for a variety of uses, with potential for rezoning to R6, R7, or R8, allowing for residential development exceeding 5,004 square feet of residential area, with flexibility in the number of residential units combined with commercial space. The property boasts favorable Floor Area Ratios (FAR): 2.43 residential and 3.40 commercial. This prime location benefits from proximity to major transportation hubs, including the L train (Sutter Avenue station), the #3 and #4 trains (Rockaway Avenue station), and the A, C, J, and L lines (Broadway Junction). Convenient bus routes (B14 and B60) and easy access to the Jackie Robinson Parkway and the Belt Parkway further enhance its accessibility. The surrounding area is experiencing significant development, with numerous projects underway or planned on the same block and nearby streets, including 99 Thatford Avenue, 118 Thatford Avenue, 108-116 Thatford Avenue, and 120 Osborn Street. Its strategic location near Crown Heights, Bushwick, Cypress Hills, East Flatbush, and East New York, and its proximity to the bustling Pitkin Avenue, positions this property for exceptional growth and return on investment. The asking price is $2,500,000.

Highlights

  • Exceptional 5,004 sq ft office building investment opportunity in Brooklyn, NY.
  • Located on a 50ft x 100.08ft lot in Brownsville's revitalizing area with significant redevelopment potential.
  • C4 zoning allows diverse uses, with potential rezoning to R6, R7, or R8 for residential development exceeding 5,004 sq ft.
  • Favorable FARs: 2.43 residential and 3.40 commercial.
  • Prime location near multiple subway lines (L, 3, 4, A, C, J) and bus routes, with easy highway access.

Location Insight

City
Brooklyn
County
36047
State
New York
Latitude
40.6692833
Longitude
-73.9099413
100 Thatford Ave, Brooklyn, New York

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100 Thatford Ave
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