249 4th Avenue

$10,900,000

249 4th Avenue

ASKING Price:

$10,900,000

Property Type:

Development

borough:

Brooklyn

Gross square feet:

340000

NUMBER of UNITS:

ZONING:

C4-4D Gowanus Special District

Property Description:

Raven Property Advisors has been exclusively retained to sell 249 4th Avenue, an approximately 34,000 buildable square foot, C4-4D, R9A equivalent, Gowanus Special District MIH development site. Located on the border of Park Slope and Gowanus, the property is currently comprised of a vacant commercial building on a 40’ x 100’, 4,000 square foot lot between President Street and Carroll Street. It is conveniently located one block from the Union Street R subway line and a short walk to Barclays Center and Atlantic Terminal with the 2, 3, 4, 5, B, D, N, Q, R subway lines. 249 4th Avenue sits within the Mandatory Inclusionary Housing zone and in the middle of the Gowanus rezoning, which has over 8,000 new units of development scheduled for occupancy in the next three years. Eligible for the 485x tax abatement program. There are no existing submitted or approved plans Survey available upon request.

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