11 Cornelia Street - Flex FOR SALE


Brooklyn, NY 11221- Bushwick
$7,000,000 USD
914-584-7422
11 Cornelia Street, Brooklyn, NY for Sale
$7,000,000 USD
Flex - FOR SALE
1/3
null | Request Cap Rate

11 Cornelia Street
Brooklyn, NY 11221
Bushwick


HIGHLIGHTS

  • With three tax lots plus an in-place ZLDA with the neighboring property, this corner site totals roughly 38,000 buildable square feet .
  • assemblage totals 165 feet of wraparound frontage (45’ x 125’) on the corner of Cornelia Street and Broadway.
  • The property will be 100% vacant and unencumbered at closing. No structures exist on the property and no demolishing cost required.
  • Falls in an Opportunity Zone, offering significant tax benefits in the way of a deferred capital gains program.
  • Property is in close proximity to Blink Fitness, Artist Supply Bushwick, Walgreens, Key Foods, several hotels.

OVERVIEW

Cory Rosenthal License No. 10991237833 (NY) (866) 889-0550 Matthews Real Estate Investment Services, Inc. 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$184 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DEVELOPMENT OPPORTUNITY

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

03373-0057

ASK ABOUT THIS PROPERTY

DJ JohnstonMatthews Real Estate Investment ServicesMore Info
914-584-7422

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DJ JohnstonMatthews Real Estate Investment ServicesMore Info
914-584-7422

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.