421 Hart Street, Bedford-Stuyvesant, Brooklyn | Development | $2,200,000

Home/Investment Sales/Exclusive Investment Sales/421 Hart Street, Bedford-Stuyvesant, Brooklyn | Development | $2,200,000

421 Hart Street, Bedford-Stuyvesant, Brooklyn | Development | $2,200,000

$2,200,000.00

Offering Memorandum

Details

  • Stalled conversion opportunity in the Bedford-Stuyvesant neighborhood of Brooklyn.
  • Property has approved plans for a nine-unit elevator condo building.
  • Plans call for a five-story penthouse residential condominium building.
  • Project is 30% completed which includes demo, excavation, structural joists & more.
  • Condo sellout projected at $1,000 per sq. ft.
  • Property is located near Franklin Avenue [M,J,Z] Train Station.
  • Block/Lot: 1593/48
  • Lot Size: 2,000 SF (20′ x 100′)
  • Building Size: 2,160 SF (20′ x 36′)
  • Stories: 2
  • Zoning: C4-4L
  • Year Built (Renovated): 1899 (2015)
  • F.A.R (As Built): 4 (1.08)
  • Total Buildable: 8,000 SF +/-
  • Cross Streets: Broadway & Stuyvesant Avenue
  • Price Per Buildable Square Foot: $275
  • The asking price is set at $2,200,000 ~ please speak to exclusive agent for more details

Additional Information

Asset Type

Development

City

Brooklyn

Neighborhood

Bedford Stuyvesant

Broker

Sadya Liberow

Price

$2,200,000

Map

 

Get in Touch for More Details

    Name (required)
    Message
    Yes, I would like to receive listing updates from Asset Commercial Realty Group.

    Our strong relationships with national retailers & office tenants, the broader real estate community, brokers, contractors, architects, engineers, attorneys, and local municipalities offer significant benefits to property owners. We're proud to provide the most comprehensive investment sales, leasing, and property management services across Metropolitan New York and Long Island.

    Contact Info

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

    Phone: 646.586.2091

    Fax: 646.767.6790

    Web: www.assetcrg.com