358 Dean St - Apartments FOR SALE


Brooklyn, NY 11217
$9,500,000 USD
347-533-0856
358 Dean St, Brooklyn, NY for Sale
$9,500,000 USD
Apartments - FOR SALE
1/11
null | 4.55% Cap Rate

358 Dean St
Brooklyn, NY 11217


HIGHLIGHTS

  • Prime Location-close to Barclays and Atlantic Terminal
  • High Rise
  • Great ROI

OVERVIEW

Whether you looking for an investment property to maximize with or use the current fixture for an easy rental income or building an occupy your expansive dream townhouse. This is it !!!! A property with many potentials and all the upside. Right off bustling Fourth Avenue Corridor with all high rises. Cash in on this steal ASAP. Great opportunity to build and own a high rise along 4th avenue corridor. Approved Rezoning allow for high rises 12-15 stories. This is the LAST property on this block for special rezoning class for high rises. Great ROI, maximum returns with Condo units. Close to Barclays and Atlantic Terminal, downtown Brooklyn. Builders Investors Alert, Approved Zoning Plans allow for a 12-15 story High rise. 4 story building with 2 Duplexes. Floor Area Ratio (FAR) Residential FAR 6.02 Commercial FAR 3.4 Facility FAR 6.5 FAR as built 1.36 Allowed usable floor area 12,040 Usable floor area as built 2,720 Unused FAR 9,320

FOR SALE DETAILS

PRICE

$9,500,000 USD

PRICE/SF

$3,493 USD /SF

# OF UNITS

3

PRICE/UNIT

$3,166,667

CAP RATE

4.55%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1915

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

R8A, C2-4, EC-1

APN/PARCEL ID

00198-0033

ASK ABOUT THIS PROPERTY

Raheel AhmadCorcoran GroupMore Info
347-533-0856

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Raheel AhmadCorcoran GroupMore Info
347-533-0856

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