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$ 5,999,990
Est. payment | /mo
5,063 SqFt
$ 5,999,990
Est. payment | /mo
5,063 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,063 sqft
Price per Sqft $1,185
MLS Listing ID 503612
Year Built 1931
Annual Tax Amount $23,637
Property Sub-Type Commercial
Property Description
Exceptional Development & Investment Opportunity in Prime Gowanus/Park Slope!
A rare chance to acquire two adjacent properties in one of Brooklyn's most sought-after and rapidly growing neighborhoods.
524 President Street offers an approximately 30' x 20' lot, while 528 President Street sits on an approximately 30' x 150' lot and includes an approximately 5,063 sq. ft. building. Zoned M1-4/R6B, this unique offering presents outstanding potential for development, long-term investment, owner occupancy, or a mixed-use project (subject to applicable approvals).
Surrounded by exciting new developments and ongoing neighborhood revitalization, the property is ideally located near shopping, dining, public transportation, major highways, and provides convenient access to Manhattan.
Situated within a Qualified Opportunity Zone (buyers should consult their tax advisor), this is an exceptional opportunity for developers, investors, and end users seeking significant upside in a premier Brooklyn location.
Don't miss the opportunity to secure a prime asset in one of Brooklyn's fastest-evolving neighborhoods.
(Buyers are advised to consult their own architect or engineer regarding any proposed additions, alterations, or redevelopment of the property.)
A rare chance to acquire two adjacent properties in one of Brooklyn's most sought-after and rapidly growing neighborhoods.
524 President Street offers an approximately 30' x 20' lot, while 528 President Street sits on an approximately 30' x 150' lot and includes an approximately 5,063 sq. ft. building. Zoned M1-4/R6B, this unique offering presents outstanding potential for development, long-term investment, owner occupancy, or a mixed-use project (subject to applicable approvals).
Surrounded by exciting new developments and ongoing neighborhood revitalization, the property is ideally located near shopping, dining, public transportation, major highways, and provides convenient access to Manhattan.
Situated within a Qualified Opportunity Zone (buyers should consult their tax advisor), this is an exceptional opportunity for developers, investors, and end users seeking significant upside in a premier Brooklyn location.
Don't miss the opportunity to secure a prime asset in one of Brooklyn's fastest-evolving neighborhoods.
(Buyers are advised to consult their own architect or engineer regarding any proposed additions, alterations, or redevelopment of the property.)
Location
State NY
County Kings (brooklyn)
Area Carroll Gardens
Zoning M1-4/R6B
Rooms
Basement Unfinished
Interior
Interior Features Other
Heating Gas
Flooring Concrete
Heat Source Gas
Exterior
Exterior Feature Brick
Utilities Available Other
Roof Type Other
Present Use Other
Handicap Access No
Building
Story 1
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by RE/MAX Elite
Nearby Locations
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Carey Yang
Broker-Owner Lic# 10491202683