This approximately 1, 600 square foot, two story walk up building is available for sale in the heart of Borough Park, Brooklyn.
| Website: | https://www.nestseekers.com/5631016 |
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| Address: | 4801 16TH Avenue New York, NY 11204 |
| Type: | Apartment |
| Era: | Post-war |
| Ownership: | Unknown |
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| Rooms: | 4 |
| Bedrooms: | Studio |
Financials
Description
This approximately 1,600-square-foot, two-story walk-up building is available for sale in the heart of Borough Park, Brooklyn. Built in 1931, the property sits on a prime corner lot measuring 20' x 40', with 800 square feet of lot area and 1,600 square feet of building floor area across two floors. Zoned R6, C1-3 with a maximum residential FAR of 2.4 and facility FAR of 4.8, the site offers nearly 2,300 square feet of additional buildable area, presenting a compelling value-add or development opportunity.
Situated at one of Borough Park's busiest and most visible intersections, directly across from Chase Bank on McDonald Avenue, the property benefits from exceptional exposure, strong pedestrian and vehicle traffic, and outstanding long-term commercial appeal. It is surrounded by some of Borough Park's most beloved restaurants, coffee shops, synagogues, and neighborhood staples, while also being moments from the boutique shops, cafes, wine bars, and dining destinations that have made this corridor one of the neighborhood's most active commercial hubs.
Located on 16th Avenue in Borough Park, the property offers excellent access to public transportation. The nearby 18th Avenue station provides F train service, while the 55th Street station offers access to the D train. MTA bus routes B11 and B8 are also nearby. The location provides convenient access to I-278 via McDonald Avenue or Ocean Parkway, making commuting easy from multiple parts of the city.
Amenities
- Air Conditioning
578 Driggs Avenue Brooklyn, NY 11211 Phone: +1 718-302-0900 Fax: +1 718-228-3917 | |
| Listing Courtesy of Douglas Elliman Real Estate | |