Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Pets: Pets No

Financials

Price:$1,300,000
Annual Taxes:$19,805
578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of BERKSHIRE HATHAWAY

Description

Investment Opportunity in Prime East New York Location! Unlock the potential of this 6,000 sq ft lot featuring a 2,400 sq ft free-standing building currently leased to a long-standing auto repair tenant, generating immediate income. Located at the combined addresses of 765 Glenmore Ave, 355 & 357 Essex St, Brooklyn, NY 11208, this corner property boasts R5B zoning with a FAR of 1.35 — allowing for up to 8,100 buildable sq ft, subject to verification. Zoning: R5B – great for future residential development or potential mixed-use conversion Income-Producing: Tenant in place with solid payment history (details available upon request) Lot Dimensions: Approx. 60’ x 100’ — rare corner lot with triple frontage Taxes: Low annual property taxes Access: Steps from the Shepherd Ave and Van Siclen Ave subway stations (A/C lines) Surrounding Development: The area is rapidly evolving with new residential projects and community investment --

Amenities

  • Electricity Connected
  • Natural Gas Connected

Investment Opportunity in Prime East New York Location !


    Long Island MLS

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.