117 Osborn StBrooklyn, NY 11212

  • Commercial real estate
  • 200 SF
For Sale
$999,000 View listing

Property Details for 117 Osborn St

Year built
1930
Lot size
0.06 AC
Property size (Sq ft)
200 SF
Zone code
C4-3
Property type
Commercial real estate
APN
03524-0008
APU
35240008

Description

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.

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6696
Longitude
-73.9085
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$9,561
$109,800
-
$109,800
-
$244,000
-
$244,000

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