$799,000
Updated 3 years ago
Off Market

106 Pennsylvania Ave

East New York, Brooklyn | Atlantic Ave & Liberty Ave

10 Rooms6 Beds2.5 Baths1,848 Square FeetSingle Family

$799,000
floors / apts3 / 1
Lot Size25'x100'
Built Size20'x35'
ZoneR7A
Building TypeHouse
RE Taxes$7,617
Price Per SF
$432

Building Amenities

  • Elevator

Property Description for 106 Pennsylvania Ave

Pennsylvania Ave in Brooklyn is an exceptional prime development site that offers an ideal location in East New York. This detached 3-story building sits on a generous 25X100 lot, providing ample space for potential development opportunities. The property is zoned R7A (4.0) FAR, allowing for a remarkable 10,000 square feet of buildable space. Additionally, it benefits from a C2-4 Commercial Overlay, expanding the range of potential uses. Currently, the property features a doctor's office on the first floor, catering to the needs of the local community, and a residential apartment on the second and third floors. This combination of commercial and residential spaces offers versatility and numerous possibilities for future use. The location of 106 Pennsylvania Ave is highly desirable, as it is conveniently situated near public transportation, making commuting a breeze. It also enjoys close proximity to various shopping centers, dining establishments, and an array of amenities, enhancing the appeal of the area. Whether you are an owner/user looking for a business space or an investor seeking a profitable development opportunity, this property offers tremendous potential. The full basement provides ample storage space, while the spacious rear yard adds value and flexibility to the site. The property benefits from heavy car traffic and pedestrian foot traffic, guaranteeing excellent exposure and visibility for any business endeavor. For more detailed information about the property, it is recommended to contact the listing broker, who can provide additional details and insights. In summary, 106 Pennsylvania Ave presents an outstanding opportunity to acquire a prime development site in a sought-after location in Brooklyn. With its generous lot size, zoning allowances, existing commercial and residential spaces, convenient amenities, and high traffic exposure, this property is a compelling choice for investors and owner/users alike.

Listing History for 106 Pennsylvania Ave

Now
12/05/2023
POM by Mohamad Hasan
Bellmarc
11/14/2023
$799,000 [-$296,000] [27%]
Price Drop by Mohamad Hasan
Bellmarc

Building Details for 106 Pennsylvania Ave

OwnershipSingle Family
Building TypeHouse
AgePre-War
Year Built1920
Floors/Apts3/1
Learn More About the Building

Transit and Citi Bike

Subway

Liberty Av
0.05 miles
Alabama Av
0.15 miles
Atlantic Av
0.32 miles
Van Siclen Av
0.34 miles
Van Siclen Av
0.39 miles

Railroad

East New YorkLong Island Rail Road
0.31 miles

Citi Bike

Pennsylvania Ave & Atlantic Ave
0.03 miles
Georgia Ave & Liberty Ave
0.12 miles

Contact Agent

Contact Agent

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: 80431TH