$55,000,000 $65,000,000
Updated 13 hours ago
Flatbush, Brooklyn | Bedford Ave & Flatbush Ave
40 Rooms20 Beds24 Baths77,800 Square FeetDevelopment Site

$55,000,000 $65,000,000
floors2
Lot Size175'x222'
ZoneC8-2
Building TypeLow-Rise
RE Taxes$335,955
Price Per SF
$707

Property Description

Cash Flowing Self-Storage Facility with plenty of upside. An acre of land in Brooklyn that can be developed to a number of uses. Highest and best would include substantial community facility. 2207 Albemarle Rd Brooklyn, N.Y. 11226 Opened 1995 – Self Storage facility NRA 77,800 SF A/R 17,142 SF Units. 2072 Stabilized NOI. $2,000,000 Projected NOI $3,500,000 Zoning C8-2, C4-4A Taxes. $335,955 Call for Pricing

Listing History

Now
06/01/2022
$55,000,000 [-$10,000,000] [15.4%]
Price Drop by Chris Halliburton
Compass
05/04/2022
$65,000,000
Initial Price by Chris Halliburton
Compass

Building Details

OwnershipDevelopment Site
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1930
Floors2
Learn More About the Building
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: 85539TH