1518 Decatur St, Ridgewood, NY 11385

Opportunity -- the lease, sale, or lease-to-own of 1518 Decatur Street, a ~20k SF of block-through fully paved lot on the Ridgewood-Bushwick border. With nearly 125' of frontage on Decatur St and 33' of frontage on Cooper Ave, this is a unique opportunity with many potential uses as is -- a perfect set up for distributor to run a seamless one-way operation, a great layout for large-vehicle parking and charging stations, outdoor retail concepts such as paddle sports or an eating/drinking establishment similar to thriving Nowadays across the street as well as for commercial or large scale community facility development.This opportunity only blocks from the L train at the Halsey stop and the area is continuing its upward trajectory for popularity and foot traffic. The site benefits from M1-4 zoning and offers an FAR of 2 and ~40k BSF for commercial, as well as an FAR of 6.5 and ~130k for community facility development. Ownership is open to various creative options including but not limited to owner-financing and lease-to-own.