31 N Elliot Place, Brooklyn | Development | $1,300,000

Home/Completed, Exclusive Investment Sales, Investment Sales/31 N Elliot Place, Brooklyn | Development | $1,300,000

31 N Elliot Place, Brooklyn | Development | $1,300,000

$1,300,000.00

  • Description: Vacant lot consisting of 5,112 buildable square feet in the heart of Fort Greene
  • Neighborhood: Fort Greene
  • Lot Size: 2,104 SF (25.08′ X 84.83′)
  • Zoning: R6
  • Cross Streets: Flushing Avenue & Park Avenue
  • Transportation: [B,Q,R] subway lines at Dekalb Avenue
  • Nearby Retailers: CVS Pharmacy, Starbucks, Domino’s Pizza, Walgreens and more
  • Price Per Buildable Square Foot: $254
  • Sold Price: $1,300,000

Details

Sadya Liberow of Asset CRG Advisors completed the sale of 31 N Elliot for $1,300,000. The site was brought to the market and a buyer was quickly identified to sign and close this development opportunity. The property was located in an Opportunity Zone and closed for $254 per buildable square foot. Comparable condo sales are $1200-$1300 per foot.

Additional Information

Asset Type

Development

City

Brooklyn

Price

$1,300,000

Broker

Sadya Liberow

 

Map

 

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    215-15 Northern Boulevard,
    3rd Floor
    Bayside, NY 11361

    Phone: 646.586.2091

    Fax: 646.767.6790

    Web: www.assetcrg.com