Listed by Brown Harris Stevens
$2,025,000
395 & 397 ELTON STREET
Details
Property Type Land
Sub Type Residential
Lot Size (SqFt) 4,050
Zoning R7A (4.0) with a C2-4 Overlay (2.0) Height Limit 80’
Ownership LOCAL
Land | 4,050 SqFt
Marketing description
A 45’ wide vacant lot which has 10,500 buildable square feet. The lot size makes the property a prime development opportunity. A developer can build an eight story apartment building, with two units per floor or one unit per floor. The zoning allows commercial on the first and second floors and apartments above or 100% residential.
The property is located two blocks from the A and C trains on Shepherd Avenue. This gives quick access to Downtown Brooklyn and the Manhattan. The lot size and the up zoning of the area make the property a prime development opportunity.
Listing Contacts
Listed by Brown Harris Stevens
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
