463 DeKalb Avenue is a 2,720-square-foot retail/multifamily property plus a 680-square-foot backyard with potential for development. (12800sqFt) NO VARIANCE NEEDED. This three-story commercial building includes two gut renovated apartments on the second and third floors and storefront retail on the main level with a basement underneath. The rental basement has the potential for street access. Strategically situated on a prime corner lot and adjoined by new construction and prominently positioned in a location with brand new condominiums and high-rise buildings. 463 DeKalb Avenue is primed as an incredible value-added investment or redevelopment opportunity in a revitalized area with dozens of freshly constructed properties.
Incredible opportunity to develop up to 12,800 SF in a revitalized area with many newly constructed properties.
Incredible value-add investment or redevelopment opportunity in a revitalized area with many newly constructed properties. Three blocks from the G train and three stops from Manhattan, near the Steiner Studios and Pratt Institute. Prominently positioned in a location with brand new condominiums and high-rise buildings. R7A zoned
Brooklyn is a heavily populated area, and within a five-mile radius, there are 2.8 million residents who generate a generous average household income of $115,820. This population expends over $34.2 billion annually and occupies 76% of renter-occupied homes. 463 DeKalb Avenue is well-sited, three blocks from the G train and two blocks from the nearest bus stop. Residents and visitors of the area appreciate that Manhattan is only three stops and 10 minutes away.
463 DeKalb Avenue is a half-mile from the internationally renowned Pratt Institute, one of the world’s most prestigious art, architecture, and design schools. This property is also a mile commute from Steiner Studios, the largest film and television production studio facility in the United States outside Hollywood. 463 DeKalb Avenue is in excellent positioning for a new investor or developer to acquire a diversified property or a premier commercial lot in a highly sought-after area.
Listing courtesy of Nathaniel Smith
2 (+1 comm)
Real Estate Taxes
20' x 93' (60' deep)
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