Investment Opportunity in Prime East New York Location!
Unlock the potential of this 6,000 sq ft lot featuring a 2,400 sq ft free-standing building currently leased to a long-standing auto repair tenant, generating immediate income. Located at the combined addresses of 765 Glenmore Ave, 355 & 357 Essex St, Brooklyn, NY 11208, this corner property boasts R5B zoning with a FAR of 1.35 — allowing for up to 8,100 buildable sq ft, subject to verification.
Zoning: R5B – great for future residential development or potential mixed-use conversion
Income-Producing: Tenant in place with solid payment history (details available upon request)
Lot Dimensions: Approx. 60’ x 100’ — rare corner lot with triple frontage
Taxes: Low annual property taxes
Access: Steps from the Shepherd Ave and Van Siclen Ave subway stations (A/C lines)
Surrounding Development: The area is rapidly evolving with new residential projects and community investment
--
2,500 Sq Ft
Industrial
$19,805 Annual Tax
Built in 1930
MLS/Listing ID 844359
1 Stories
Heating - Ducts
Cooling - Wall/window unit(s)
Construction - Brick
Listing Courtesy of BERKSHIRE HATHAWAY, JEANETTE BONAVENTURA - 516-996-5730
Source of Data: ONEKEY MLS