8658 16TH AVE Brooklyn, NY 11214

8658 16TH AVE, Brooklyn, NY 11214
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Commercial Property for sale in Brooklyn, NY

for $1,188,000. This 4,200 square foot building was built on a lot size of 3484.

Property Information

  • $1,188,000
  • Commercial
  • 4,200 Square Feet
  • Taxes are $6,039
  • 1 Level
  • Active
  • Lot size of 3484
  • Brooklyn, NY
  • Bath Beach Neighborhood
  • Kings County
  • MLS/Web ID is H86-GM-8658-16AVE
  • Just Listed
  • Weichert Exclusive

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Giuseppe Montalbano of Weichert, Realtors® - The Franzese Group/Commercial, Development Division has been exclusively hired to arrange for the sale of this residential development opportunity in Bensonhurst, Brooklyn. The subject property consists of a one story commercial building 28’ x 61’ on a 40’ x 82’ irregular lot. You’re able to add an additional two stories that total 2,400 Sq Ft (1,200 Sq Ft per floor). The total buildable Sq Ft for this building is 4,200 Sq Ft above grade, not including the tremendous basement with 10’ ceilings fully built as building size. Please consult with your architect to confirm what can be built.

Taxes: Approx. $6,039

 The property is conveniently located off of 86th St, close to transportation, restaurants, and shopping. Property will be delivered vacant. This site is ideal for a multi-unit rental/condo development.

This property offer endless opportunity for an investor/developer or even an end user looking to be a part of one of the most actively growing neighborhoods in Brooklyn. For more information please contact Giuseppe Montalbano.

Office Exclusive Listing ID#: H86-GM-8658-16AVE

Listed By

Listing Agent: Giuseppe Montalbano
Broker: Brooklyn - WEICHERT, REALTORS® - The Franzese Group

8658 16TH AVE, Brooklyn, NY, 11214 is a Commercial Property for sale at $1,188,000 with 4,200 sqft and a lot size of 3484. The property's zip code is 11214 which is in Brooklyn, NY

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Market Pricing

Average % of sale price Median % of sale price
All listings in Brooklyn $1,313,820 11 % above $959,000 19 % below
Commerical listings in Brooklyn $2,285,194 92 % above $1,499,000 26 % above

Get the facts about Brooklyn, NY!

Population 2,605,119
Population Growth (since 2000) 6 %
Median Income $50,321
Median Age 35.91
Households w/ Children 29 %

Residential Dwellings

  • Owned 264711
  • Vacant 78635
  • Rented 691357

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