80-23 59th Street, NY

15,750 Sq. Ft. Development Site | R4-1 Zoning

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Overview

Key Highlights

  • Price $3,650,000
  • $/BSF $232
  • Zoning R4-1
  • Buildable Sq. Ft. 15,750

Investment Highlights

• 15,750 sq. ft. lot for Single & Two-Family Home development

• Townhome sales in the area achieving approximately $650/sqft

• The property is in close proximity to major retail corridors like Cypress Ave, Myrtle Ave and Wyckoff Ave
• Resales of homes in the area continue to increase in value Y-O-Y

• Located on the border of the Ridgewood, Bushwick and Glendale neighborhoods

• Situated inbetween Brooklyn and Queens and adjacent to Highland & Forest Park

Location

Our Team

Alexander Taic

Alexander Taic

Ariel Property Advisors
212.544.9500 Ext. 44
Michael Tortorici

Michael Tortorici

Founding Partner
Ariel Property Advisors
212.544.9500 Ext. 13

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