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764 Shepherd Ave
Brooklyn, NY 11208
Land For Sale · 0.05 ac

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EXECUTIVE SUMMARY

Welcome to an exciting investment opportunity at 764 Shepherd Ave in East New York, Brooklyn. This prime piece of land, boasting a 20X100 lot, is now available for sale. With a R5 zoning and remarkably low annual taxes of only $799, this property provides a financially advantageous prospect. Strategically located, the property is in proximity to essential transportation options, including B15, B20, 2, 3, and 4 trains, ensuring easy connectivity to various parts of the city. Additionally, its closeness to the Gateway Shopping Center enhances the property's appeal, providing convenient access to shopping and amenities. This land is an ideal choice for investors seeking to capitalize on the potential for development. Don't miss out on the opportunity to turn this well-planned project into a lucrative reality in the vibrant neighborhood of East New York.

PROPERTY FACTS

Sale Type Investment
No. Plots 1
Property Type Land
Property Subtype Commercial
Proposed Use Single Family Development
Total Plot Size 0.05 ac
Opportunity Zone Yes
Use Class R5 - Low density residential district

1 PLOT AVAILABLE

Plot

Price £185,420
Price Per ac £4,038,412.58
Total Plot Size 0.05 ac
  • Listing ID: 31793837

  • Date on Market: 14/05/2024

  • Last Updated:

  • Address: 764 Shepherd Ave, Brooklyn, NY 11208

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