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Listed price in listed location currency (USD).
$255,000
$299,999

000

MLS® L3529701

Overview

Key Facts

Type Unimproved Land
Levels Land
Size -
Garage No
Taxes $515
Lot Size 0.05 acres
Approx. Age 1950
MLS® Number L3529701

Property Address: 707 Shepherd Ave, Brooklyn, NY, 11208-4425

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to an exciting investment opportunity at 707 Shepherd Ave in East New York, Brooklyn. This prime piece of land, boasting a 20X100 lot, is now available for sale. With a R5 zoning and remarkably low annual taxes of only $515, this property provides a financially advantageous prospect. The owner has gone the extra mile, having all plans and permits meticulously approved by an architect, paving the way for the construction of a 2-family dwelling with a basement on the premises. This foresight not only streamlines the building process but also adds significant value to the investment. Strategically located, the property is in proximity to essential transportation options, including B15, B20, 2, 3, and 4 trains, ensuring easy connectivity to various parts of the city. Additionally, its closeness to the Gateway Shopping Center enhances the property's appeal, providing convenient access to shopping and amenities. This land is an ideal choice for investors seeking to capitalize on the potential for development. Don't miss out on the opportunity to turn this well-planned project into a lucrative reality in the vibrant neighborhood of East New York.
MLS® NumberL3529701
Laundry Level
Central VacNo
FireplaceNo
Acreage0.05
Exterior
GarageNo
Approx. Age1950
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

May 27, 2024End Date
$255,000Sold Price

Sold

Feb 5, 2024List Date
$299,999List Price

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