$2,969,157
Updated 7 years ago
Sold

1420 45th Street

Borough Park, Brooklyn | 14th Ave & 15th Ave

3,040 Square FeetDevelopment Site

$2,969,157
floors / apts2 / 1
Lot Size60'x100'
Built Size40'x38'
ZoneR6
Building TypeHouse
RE Taxes$32,372
Price Per SF
$977

Building Amenities

  • Driveway

Property Description for 1420 45th Street

B6 Real Estate Advisors is pleased to announce that it has been retained on an exclusive basis to arrange for the sale of 1420-1422 45th Street, an extensive residential/community facility development opportunity located in the flourishing Borough Park neighborhood of Brooklyn. The subject property is a residential development site on a 60’ x 100’ lot. The as of right zoning of R6 allows for up to 13,200 BSF of residential use and 28,800 BSF of community facility use The site is currently occupied by a vacant 3,040 SF two-story mixed-use building consisting of one residential unit above a school. The property is located just one block from Borough Park’s main retail corridor on 13th Avenue. This sought-after commercial corridor is home to locally owned and operated businesses, along with national tenants such as TD Bank, Capital One, Bank of America, Carter’s and Rite Aid. Investment Highlights •Prime Borough Park development site with 13,200 BSF (Residential) and 28,800 BSF (Facility) •60’ of frontage along 45th Street •Desirable residential neighborhood with strong fundamentals •Located just one block from the 13th Avenue retail corridor

Listing History for 1420 45th Street

Now
12/30/2019
$2,969,157
Sold and Closed by Jermaine Pugh
B6 Real Estate Advisors
10/24/2019
$3,000,000
Initial Price by Jermaine Pugh
B6 Real Estate Advisors

Building Details for 1420 45th Street

OwnershipDevelopment Site
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts2/1
Learn More About the Building

Transit and Citi Bike

Subway

50 St
0.41 miles
Ditmas Av
0.47 miles

Contact Agents

Contact Agents

Jermaine Pugh
B6 Real Estate Advisors
Daniel O'Mahony
B6 Real Estate Advisors
Zachary Redding
B6 Real Estate Advisors
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.
OLR ID: 77583TH