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8658 16th Ave, Brooklyn, NY 11214

Listed Price: $1,188,000
Sold Price: $1,120,000
1,713 Sq Ft · Commercial

Giuseppe Montalbano of Weichert Realtors® - The Franzese Group/Commercial, Development Division has been exclusively hired to arrange for the sale of this residential development opportunity in Bensonhurst, Brooklyn. The subject property consists of a one story commercial building 28’ x 61’ on a 40’ x 82’ irregular lot. You’re able to add an additional two stories that total 2,400 SqFt, 1,200 SqFt per floor. The total buildable SqFt for this building is 4,200 SqFt above grade, not including the tremendous basement with 10’ ceilings fully built as building size. Please consult with your architect to confirm what can be built. The property is conveniently located off of 86th St, close to transportation, restaurants, and shopping. Property will be delivered vacant. This site is ideal for a multi-unit rental/condo development. This property offer endless opportunity for an investor/developer or even an end user looking to be a part of one of the most actively growing neighborhoods in Brooklyn.

Building type: Detached
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All listings are subject to errors, omissions, price change, withdrawal and sale without notice.
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