420 Albee Sq, Brooklyn, NY 11201

4.27 acres

Off Market
Zestimate®: None

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Zestimate Details

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-$9 Last 30 days
Zestimate range

Comparable Homes

Homes like this sold for $335K-1.15M.


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Price / Tax History

Home Facts

My Notes

GREAT INVESTMENT OPPORTUNITY!! Last Piece of Raw Virgin Land in Excellent Area of Brooklyn
LAND undeveloped in the Downtown Brooklyn Redevelopment District. 185,964 223,157 build-able sq/ft. Bonus: 37,193 sq/ft for IHP This is the LAST parcel of virgin land. Create your Signature in the Sky. Zoned: Mixed commercial & residential C6-4.5 FAR 12-14.4 with additional air rights Tower building forms NO HEIGHT limit. Non-Tower 250 ft. ht. limit. BONUS-Adjacent to a New City Park with 700 underground parking spaces. Similar property sold for over $60mil. With Eyes you can see Without vision you are blind. Located in the heart of Downtown Brooklyn, the economic center of Americas 4th largest city. It s strong and diverse commercial &? retail market is complemented by a cultural and educational center of 7 academic institutions. Direct access to a vibrant public environment served by an enhanced transit network with easy access to Manhattan and the surrounding boroughs. Demographics: (1 mile) Average HH income $103,844 Population of 134,224 Over 32,000 students in attendance with limited dormitories. Grants available. Price: $38,950,000 Lot Size: 185,964 SF Price/SF: $209.45 Lot Type: Commercial/ Other (land) Price: $38,950,000 Lot Size: 185,964 SF Property Type: Land Property Sub-type: Commercial/ Other (land) Features: Electricity/Power Irrigation Water Telephone Cable Gas/Propane
There is currently a lease to operate a parking lot with an immediate income for buyer & will be bought out by seller to vacate....investor can have immediate income while in the design process and seller will buyout tenant before construction or the seller can buyout for tenant to vacate ASAP at closing...investors/developers choice
Lots rolled up into this sale includes: 43, 46, & 47...air rights from lots 41 & 42...Lot 43 is 3 lots: 43, 44, 45
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  • All time views: 639


      • Zillow Home ID: 2117737024

      Popularity on Zillow

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      Neighborhood: Downtown

      Zillow predicts New York home values will increase 0.3% next year, compared to a 0.3% increase for New York Metro as a whole.


        Nearby Schools in New York

        GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        • School Rating




        • 10
          out of 10
          New Explorations Into Science, Tech and... (assigned)
          1.5 mi
        • 10
          out of 10
          Brooklyn Technical High (assigned)
          1.0 mi
        • 9
          out of 10
          0.3 mi

        Data by GreatSchools.org