11 Van Buren St - Residential LAND FOR SALE


Brooklyn, NY 11221 2,026 SF
$1,199,999 USD
646-363-6175
11 Van Buren St, Brooklyn, NY for Sale
$1,199,999 USD
Residential LAND - FOR SALE
1/5
2,026 SF

11 Van Buren St
Brooklyn, NY 11221


HIGHLIGHTS

  • Development opportunity with a lot size of 2,025 SF, located in the heart of Red Hook, Brooklyn
  • Zoned R6A, R6B, offering 6,075 buildable square feet, with an additional as-of-right 3,125 buildable square feet and a commercial overlay
  • Approved plans for an 8-unit condominium building, offering a streamlined development process
  • Located in a Qualified Opportunity Zone (QOZ), providing potential tax benefits for investors
  • The property is ideal for a Build & Flip or long-term investment, capitalizing on the growing demand for residential and mixed-use developments.
  • Located just an 11-minute walk from the Smith-9 Sts [F, G] Subway Station, offering easy access to Brooklyn and Manhattan.

OVERVIEW

Asset CRG Advisors has been exclusively retained to market 11 Van Buren St, Brooklyn, NY 11221, a development opportunity in the heart of Red Hook, Brooklyn. The property consists of a 2,025 SF lot, zoned R6A, R6B, offering 6,075 buildable square feet, including an as-of-right 3,125 buildable square feet with a commercial overlay. The site comes with approved plans for an 8-unit condominium building, providing a valuable head start for developers. Located within a Qualified Opportunity Zone (QOZ), the property presents potential tax benefits for investors. Conveniently positioned just an 11-minute walk to the Smith-9 Sts [F, G] Subway Station, the property offers easy access to Manhattan and other key Brooklyn neighborhoods. With strong demand for residential and mixed-use developments in Red Hook, this property presents an excellent opportunity for a Build & Flip or long-term investment. Approved plans are available upon request.

FOR SALE DETAILS

PRICE

$1,199,999 USD

PRICE/ACRE

$25,813,312/AC

PRICE/SF

$593 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Vacant Lot with Approved Plans

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units - Condo

LAND ACRES

0.05 AC

LAND SF

2,025 SF

OFFSITE IMPROVEMENTS

-

ZONING

R6A, R6B

APN/PARCEL ID

01791-0061

ASK ABOUT THIS PROPERTY

Sadya LiberowAsset CRG Advisors LLCMore Info
646-363-6175

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

Sadya LiberowAsset CRG Advisors LLCMore Info
646-363-6175

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