117 Osborn StBrooklyn, NY 11212

For Sale
$999,000
Prime 2,500 SF lot, development potential.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 2,500 square foot commercial and residential land parcel, located at 117 Osborn Street in Brooklyn, NY 11212 (APN: 03524 0008), presents a unique investment opportunity. Zoned R7A/C2-4/MIH, this property offers significant development potential. The asking price is $999,000. The lot is situated in Kings County and benefits from its location within an Opportunity Zone and Qualified Census Tract (QCT). This site allows for the transfer of air rights from an adjacent church, significantly enhancing development possibilities. The church, while not included in this listing, offers additional potential for a combined development project. The property's location provides access to various amenities and transportation options. The approved retail space with a basement kitchen in the adjacent church further enhances the potential for mixed-use development. This block-through property offers a rare chance to create a substantial project. The potential for conversion and prime development opportunities makes this a highly attractive investment. Serious inquiries are encouraged.

Highlights

  • Land available for separate purchase with church air rights.
  • Opportunity Zone and Qualified Census Tract (QCT) designation.
  • Excellent condition church building with elevator.
  • Approved basement retail space with kitchen.
  • Prime adaptive reuse opportunity.
  • Potential for block-through development.

Property Details for 117 Osborn St

Property type
Land

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.66963537636
Longitude
-73.908803353149
117 Osborn St, Brooklyn, New York

FAQs

What type of property is this?
Land - Prime 2,500 SF lot, development potential.
Where is the land located?
The property is located at 117 Osborn St Brooklyn, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Land available for separate purchase with church air rights.; Opportunity Zone and Qualified Census Tract (QCT) designation.; Excellent condition church building with elevator.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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117 Osborn St
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