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What is Brooklyn Vacant Lots for Sale: $3.1M about?
Three vacant, contiguous lots located at 1556-1560 Pacific Street in Brooklyn, NY are for sale for $3.1 million. The lots comprise a total of 6,429 square feet with an R6 zoning that allows for 15,621 buildable square feet. A condo analysis estimates that developing condos on the site would yield a total profit of $2.5 million over 2.5 years, for an annual return of 12.4% and total return of 31%.
- Author
- Olivia Olivia
- Language
- EN