111-117 Grove Street & 60 Menahan Street - Commercial LAND FOR SALE


Brooklyn, NY 11221- Bushwick609,840,000 SF
$6,500,000 USD
914-584-7422
111-117 Grove Street & 60 Menahan Street, Brooklyn, NY for Sale
$6,500,000 USD
Commercial LAND - FOR SALE
1/5
609,840,000 SF

111-117 Grove Street & 60 Menahan Street
Brooklyn, NY 11221
Bushwick


HIGHLIGHTS

  • 140 Feet of Block-Through Frontage: The site includes 90’ x 100’ along Grove Street (Block 3314, lots 68, 69, & 70), as well as an adjoining 50’ x 100
  • Approved Plans: Plans for a 40-unit free market building available in the due diligence folder linked below (does not include UAP bonus).
  • As-of-Right Buildable: Narrow street results in a base FAR of 2.20, totaling 30,800 BSF, easily massed on the lot footprint.
  • City of Yes Buildable: FAR bonus up to 3.90, totaling 54,500 buildable square feet. (20% bonus for abatement suggests 37,000 BSF)
  • Accessibility: Within blocks J & Z train at Gates Avenue, with access to Williamsburg & Lower Manhattan within 15-25 minutes and Broadway Junction

OVERVIEW

Broker of Record 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

$6,500,000 USD

PRICE/ACRE

$464/AC

PRICE/SF

$0.011 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

14000 AC

LAND SF

609,840,000 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

-

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.