New York, NY 11208

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Pets: No Pets Allowed
Lot Size: 0.05 Acres

Financials

Price:$1,500,000
Annual Taxes:$994.16
578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of ERA/Top Service Realty Inc

Located in the heart of East New York, one of Brooklyn s most rapidly transforming neighborhoods, 477 Milford Street presents a rare opportunity for visionary developers.

Description

Located in the heart of East New York, one of Brooklyn`s most rapidly transforming neighborhoods, 477 Milford Street presents a rare opportunity for visionary developers. This vacant lot is being offered for redevelopment with with up to 3450 sqft. of buildable space ideal for up to 4 residential units (R5). This corner lot location adds to its appeal for prospective developers looking to invest in real estate development in the East New York area. Situated close to Linden BLvd., a major corridor in Brooklyn, the site benefits from exceptional exposure. Easy access to key transit, commercial hubs, including the Belt Parkway, N. Conduit, Gateway Center Mall, Cross Island Parkway and JFK Airport (attracting traffic from across BKLYN, QNS and LI). All zoning an buildable square footage should be independently verified- consult with an architect to confirm allwable use and development potential. (477 & 479 Milford Street cannot be bifurcated). Cash is king!

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.