Property Description for 156-160 17th Street
The subject offering is located on the south side of 17th Street between 3rd and 4th Avenues in South Slope, Brooklyn. The subject property comprises two mixed-use buildings, consisting of 2 commercial spaces, 1 office space and 2 residential apartments. In total, the building is approximately 10,000 square feet. The property features 60’ of frontage, curb cuts, large ceilings and additional development rights.
Presently, approximately 5,500 square feet of the ground floor is currently occupied by an owner/user and will be delivered vacant. The remaining approximately 1,500 square feet of the ground floor and 800 square feet of 2nd floor office space is leased out to the Park Slope Volunteer Ambulance Corps (PSVAC). In addition, there are two residential apartments (2BR and 3BR) consisting of approximately 2,200 square feet that are month-to-month leases.
The building is located in the rare M1-2D zoning district and benefits from the ability to develop as-of-right residential and/or commercial. In total, the property benefits from approximately 14,000 buildable square feet. The property is conveniently located one-block from the R subway line (Prospect Avenue), as well as just one block from the entrance to the Brooklyn Queens Expressway and Prospect Expressway.