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8,107 SF Development Site in Gowanus
115-117 16th Street
3rd
Av
en
ue
Gowanus, Brooklyn, NY 11215
15
th
115-117 16th Street, Brooklyn, NY 11215
Location:
On the north side of 16th Street between 3rd
and 4th Avenues in Gowanus, Brooklyn.
Block / Lot:
1046 / 51,50
51
50
14.83’ x 78.28’
15’ x 36.5’
Lot Square Footage (approx. irreg.):
871
1,057
Zoning:
R6B
R8A/C2-4
FAR (as-of-right):
2.00
6.02
Buildable Square Feet:
1,742
6,363
Combined Lot Square Footage:
1,928
(approx. irreg.):
Combined Total BSF:
8,107
Assesment (14/15):
$20,897
Taxes (14/15):
$4,003
Lot Dimensions (approx. irreg.):
Str
eet
4th
Av
en
u
e
16
th
Str
eet
Address:
Property Description:
F
The subject properties, located at 115-117 16th Street, are two contiguous
lots, just off the corner of 4th Avenue, in Gowanus, Brooklyn. The properties currently consist of two 2-story houses that will be delivered vacant
and are primed for development. In total, the lots consist of approximately
1,928 square feet. Located in a split zoning (R8A/C2-4 & R6B) the properties benefit from approximately 8,107 buildable square feet.
G
The properties are located just off of the highly desirable 4th Avenue corridor, bordered by Gowanus and Park Slope. 115-117 16th Street is ideally located on the border of Gowanus/South Slope and Park Slope. The
neighborhood is best known for its excellent schools, parks, shops and top
rated restaurants. The property is just around the corner from the Prospect
Avenue
subway station.
4 AV.
BLOCK
1046
19.87
40.7
3 AV.
15th ST.
30.0
51 50
32.2
14.92’
14.67
ASKING PRICE:
$2,500,000
16th ST.
For more information, please inquire within:
Stephen Palmese
Partner
(718) 307-6552
stephen.palmese@cushwake.com
Aaron Warkov
Director of Sales
(718) 307-6551
aaron.warkov@cushwake.com
Michael Mazzara
Director of Sales
(718) 307-7052
michael.mazzara@cushwake.com
Adam Ecker
Associate
(718) 606-7049
adam.ecker@cushwake.com
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning,
buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this
investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE
PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
205 Montague Street • Third Floor • Brooklyn, NY 11201 • 718.238.8999 • Fax 718.238.6091
www.masseyknakal.com • www.cushmanwakefield.com
THE BRONX BROOKLYN MANHATTAN NASSAU NEW JERSEY QUEENS STATEN ISLAND WESTCHESTER