Corcoran, 162-70 Flatbush Avenue, Park Slope Real Estate, Brooklyn Homes, Park Slope comm, Paul Zumoff

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162-70 Flatbush Avenue

Cross st: 5th Avenue / Pacific Street Area: Park Slope

Web id
885628

Price	$12,750,000

Type	comm
Doorman	no

Paul Zumoff

P: (718) 210-4025

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Incredible Development Opportunity in Brooklyn: Four Adjacent lots with a footprint measuring approximately 10,000sf (135ft frontage) having a three-sided arrangement of 6 billboards with four retail stores and seven leases. Located between Pacific Street and Fifth Avenue directly acrosst from the LIRR Atlantic Rail Yards, the Atlantic Terminal (2,3,4,5,B,D,M,N,Q,R,W + LIRR) Office Building and Mall, The PC Richards/Modell's property Redevelopment, and the proposed Forest City Ratner Project spanning a large area around and over the Rail Yards. Built 1.0, the current F.A.R allows up to 4.0 ( approx.40,000 buildable square feet) however there is excellent potential for partial block up-zoning to create a residential midrise or high-rise providing tremendous upside. this iis tremendous Development Opportunity in a Prime Brooklyn Location where Park Slope, Prospect Heights, Boerum Heghts converge.

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

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