$1,700,000
Updated 11 years ago
Off Market

220-226 Vernon Ave

Bedford Stuyvesant, Brooklyn | Throop Ave & Marcus Garvey Blvd

Development Site

$1,700,000
Lot Size77'5"x100'
ZoneR6B
Building TypeVacant Lot
RE Taxes$13,408

Building Amenities

  • Elevator

Property Description for 220-226 Vernon Ave

**Bid Deadline September 11, 2013** The subject property is a residential development site well situated in Bedford Stuyvesant with 77.5’ of frontage on Vernon Avenue. The site is located close to public transportation, just 2-3 avenues from the J, M, & G trains offering access to nearby Williamsburg and Manhattan within 20-30 minutes. Take advantage of this opportunity to pick up a significant development site, in a neighborhood that is experiencing rapid growth and rising rental rates, with condo potential down the line.

Listing History for 220-226 Vernon Ave

Now
12/20/2013
POM by Michael Amirkhanian
Cushman & Wakefield
08/16/2013
$1,700,000
Initial Price by Michael Amirkhanian
Cushman & Wakefield

Building Details for 220-226 Vernon Ave

OwnershipDevelopment Site
Building TypeVacant Lot
Learn More About the Building

Transit and Citi Bike

Subway

Myrtle-Willoughby Avs
0.34 miles
Flushing Av
0.36 miles
Myrtle Av
0.39 miles

Citi Bike

Throop Ave & Myrtle Ave
0.09 miles
Pulaski St & Throop Ave
0.14 miles

Contact Agents

Contact Agents

Michael Amirkhanian
Cushman & Wakefield
Robert Moore
Cushman & Wakefield

Bedford Stuyvesant | Brooklyn

Quick Profile

Known for its historic brownstones and tight-knit enclave, Bed-Stuy has increasingly left behind its early reputation for being a “bedroom community” and transcended into a highly desirable neighborhood. 

Distinct for its aesthetic, it is populated with ornate buildings characterized by cornices, friezes, finials, fluting and other marks of classic architecture. Built up during the period from 1870 to 1900, its historic district runs to the north of Jefferson Avenue, to the east of Malcolm X Boulevard and to the west of Tompkins Avenue. 

At one point known as “Brooklyn’s Little Harlem,” the shape of the area has shifted toward attracting a wider demographic of people thanks to the influx of bars, restaurants, antique furniture stores and vintage boutiques. More police enforcement paired with the decline of the crack epidemic at the beginning of the 2000s also opened the door for increased development, as well as the occupation of formerly abandoned buildings and spaces. 

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: 50692TH