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6530 4th Ave., Brooklyn, NY 11220

$3,400,000
Active Listing
Listing Details:
$3,400,000 Price
Multi-Family Townhouse Property Type
Bay Ridge Neighborhood
-- Beds
2 Baths
6,122 Approx. Sq. Ft.
$4,090 RET
Key Features:
Unit Balcony
Description:

Introducing 6530 4th Ave, Prime Residential & Community Facility Development Site on an Opportunity Zone located in one of Bay Ridge’s Busiest Residential & Retail Corridors.

Opportunity Zone development opportunity with up to 21 Residential Units with 6 Parking Spaces and 1 Ground Floor Community Facility Space. Tailored for Condos or Rental where sales have exceeded $700/SF and residential units rent well over to $40/SF making this an excellent development opportunity. The Corner Lot is irregular measuring approximately +/- 47 x +/-77’ and the Gross SF for the development is 17,371.2 with community facility or 14,476 with residential only with an estimated 15,395.52 Saleable SF with parking. Multiple Options available from L shaped with Community, 7’ Story with Rear Yard, 7’ Story with Balconies + Court or 4’ Story Fully Built.

Located on bustling 4th Avenue on Shore Rd and its greenways. A central location which is proximate to the R subway line on Bay Ridge Ave & N/R subway lines on 59th St, multiple Parks, the New York Bay/Bay Ridge Channel & Waterfront. Easy access to the Brooklyn-Queens expressway. Some of your neighbors include Bank of America, NYU Langone, Maimonides Medical, Tribeca Pediatrics, Rite-Aid, Alpine Cinema, Toyota, BMW and so much more!

All material herein is intended for information purposes only and has been compiled from sources deemed reliable. Though information is believed to be correct, it is presented subject to errors, omissions, changes, or withdrawal without notice. Buyer to verify all information.

Listing courtesy of The Corcoran Group

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