2647 ~82,893 SF M3-1 Zoned Land Parcel in , STILLWELL AVENUE

BROOKLYN NY 11223 STILLWELL 2647 AVENUE

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HIGHLIGHTS • Large scale commercial development opportunity with total buildable potential of approximately 165,786 SF • Located in Qualified Opportunity Zone • Surrounded by over 19,000 residential apartments • Two blocks to N Q D F Train stops • Plethora of National retail tenants in the area servicing rapidly growing community of South Brooklyn STILLWELL 2647 AVENUE

PROPERTY INFORMATION

Location: ~82,893 SF parcel of land bounded by Stillwell Avenue, Shore Parkway, and the D and N subway tracks in Coney Island, Brooklyn Block: 7247 Total Lots: 200 203 205 206 211 213

Lot Dimensions: (Approx., Irreg.) 64.75' x 96.58' 43.17' x 117.25' 70.92' x 26.75' 69.33' x 104.17' 96.67' x 67.5' 40.58' x 188' Lot SF: (Approx.) 7,470 5,772 951 11,000 13,700 44,000 82,893

Zoning: M3-1 Commercial FAR: 2.00 Base Buildable SF: (Approx.) 165,786

Tax class 4 - Commercial Or Industrial Current tax rate 10.6940% Billable Assessed Value (21/22): $52,650 $43,200 $4,950 $85,500 $89,100 $148,950 $424,350 Annual Property Tax (21/22): $5,630 $4,620 $529 $9,143 $9,528 $15,929 $45,380 Located in Qualified Opportunity Zone

Asking Price: Ownership Requests Proposals

STILLWELL 2647 AVENUE STILLWELL 2647 AVENUE

TRANSPORTATION MAP M M M M M

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By D trains: M 34 St – Herald Square- 58 mins M Atlantic Terminal – Barclay Center 43 mins

By car: LaGuardia Airport – 35 mins JFK Airport – 20 mins STILLWELL Verrazano- Narrows Bridge – 11 mins 2647 AVENUE M

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For More Information Please Contact:

ALEX SVETLAKOU (212) 318-9769 [email protected]

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