2925 Avenue J

Highlights:

• Annual Tax: $ 19971.0

Description:

Coldwell Banker Reliable Real Estate is pleased to offer for sale,2925 Avenue J, Brooklyn, NY 11220. This mixed-use corner property offering includes 4 storefronts and 3 residential apartments, totaling 3,740 sq. ft. All spaces are currently occupied with no leases. All spaces are in good condition, making the property an excellent investment opportunity, with huge upside potential.
The building is situated on a 20 x 100 lot. It is zoned, C2-2/R6, allowing for residential or commercial development with a Floor Area Ratio of 4.8 for commercial facility total buildable of 4,800SF. Suitable development uses include residential rental units, residential condo sales units, as well as ground floor commercial space.
Location Highlights: Corner of Nostrand Avenue and Avenue J is in Midwood. It has high foot traffic, located in a densely populated area. Conveniently located close to Brooklyn College, Flatbush Junction, Shopping, Restaurants, Roads and Public Transportation.