670 Liberty AveBrooklyn, NY 11207
- Other commercial real estate
Property Details for 670 Liberty Ave
- Property type
- Other commercial real estate
- Property subtype
- Other land
Description
This exceptional East New York development opportunity presents a 5,250 square foot corner lot at 670 Liberty Avenue, Brooklyn, NY 11207. The property boasts a significant 18,900 square foot buildable footprint (as-of-right) due to its R7A, C2-4, and MIH zoning designations. Currently featuring a 1,313 square foot commercial building occupied month-to-month (deliverable vacant), this site offers flexibility for various development projects. Its strategic location, just 0.3 miles from the (E) and (C) subway lines, ensures convenient access to the rest of New York City. The property benefits from low annual taxes ($8,608) and low anticipated demolition costs. A Phase I Environmental Site Assessment is available upon request. This prime location in a rapidly growing area, coupled with the potential for substantial tax benefits through the 485X tax abatement, makes this a compelling investment opportunity for developers seeking to capitalize on the revitalization of East New York. The lot dimensions are 52.5 feet by 100 feet.
Location Insight
- City
- Brooklyn
- County
- Kings
- State
- New York
- Latitude
- 40.6761
- Longitude
- -73.8849
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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