2396 LINDEN BOULEVARD Potential Retail/Industrial Development Site 2396 LINDEN BOULEVARD - PROPERTY OVERVIEW

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2396 LINDEN BOULEVARD Potential Retail/Industrial Development Site 2396 LINDEN BOULEVARD - PROPERTY OVERVIEW

REDUCED PRICE ATKINS AVENUE LINDEN BOULEVARD OPPORTUNITY ZONE | BROOKLYN, NY 2396 LINDEN BOULEVARD Potential Retail/Industrial Development Site 2396 LINDEN BOULEVARD - PROPERTY OVERVIEW Property Description: Property Features: Cushman & Wakefield has been retained on exclusive basis to Located on the Corner of Linden Location: sell 2396 Linden Boulevard, a corner M1-1 property with 115 feet Boulevard and Atkins Avenue of frontage. The property is located in a certified opportunity zone on the corner of Linden Boulevard and Atkins Avenue in Alternate Address: 561-571 Atkins Avenue the East New York neighborhood of Brooklyn. The vacant 1900 square foot site offers future ownership the potential to build a retail or industrial building easily accessed by the Belt Parkway, Block & Lot: 4501-1 Jackie Robinson Parkway and Ocean Parkway. The site benefits from being within walking distance to the New Lots Avenue Lot Dimensions: 95’ x 20’ (approx.) subway station which is serviced by the@# & $ subway lines. The property is situated at a bus stop and also accessible by multiple other bus lines that canvass the area. Lot Size: 1,900 SF (approx.) Highlights: Zoning: M1-1 • Located in a certified opportunity zone Commercial FAR: 1.00 • Potential to build a retail or industrial building • 1,900 square feet of M1-1 land Community Facility FAR: 2.40 • Located on a busy corner with bus stop Certified Opportunity Zone: Yes • Within walking distance to New Lots Avenue subway station which is serviced by the@# & $ subway line Buildable Square Feet: 1,900 SF (approx.) Financial Summary: Assessment (19/20): $38,572 REDUCED PRICE: $385,000 Taxes (19/20): $4,055 CUSHMAN & WAKEFIELD 1 For more information contact: Jonathan Squires (212) 660 7775 [email protected] Alex Svetlakou (212) 318 9769 [email protected] David Rabinowitz (212) 713 6968 [email protected] Michael Fioravanti (212) 589 5119 [email protected] CUSHMAN & WAKEFIELD 1290 Avenue Of The Americas, 8th Floor, New York, NY 10104 phone: +1 212 696 2500 | nyinvestmentsales.com Cushman & Wakefield Copyright 2019. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question..

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Project Context
PIN X735.82 Van Wyck Expressway Capacity and Access Improvements to JFK Airport Project DDR/DEIS CHAPTER 2 Project Context PIN X735.82 Van Wyck Expressway Capacity and Access Improvements to JFK Airport Project DDR/DEIS Project Context 2.1 PROJECT HISTORY As part of a post-World War II $200-million development program, and in anticipation of an increased population size, the City of New York sought to expand its highway and parkway system to allow for greater movement throughout the five boroughs. The six-lane Van Wyck Expressway (VWE) was envisioned to help carry passengers quickly from the newly constructed Idlewild Airport (present-day John F. Kennedy International Airport [JFK Airport]) to Midtown Manhattan. In 1945, the City of New York developed a plan to expand the then-existing Van Wyck Boulevard into an expressway. The City of New York acquired the necessary land in 1946 and construction began in 1948, lasting until 1953. The Long Island Rail Road (LIRR) bridges for Jamaica Station, which were originally constructed in 1910, were reconstructed in 1950 to accommodate the widened roadway. The designation of the VWE as an interstate highway started with the northern sections of the roadway between the Whitestone Expressway and Kew Gardens Interchange (KGI) in the 1960s. By 1970, the entire expressway was a fully designated interstate: I-678 (the VWE). In 1998, the Port Authority of New York and New Jersey (PANYNJ) began work on AirTrain JFK, an elevated automated guideway transit system linking downtown Jamaica to JFK Airport. AirTrain JFK utilizes the middle of the VWE roadway to create an unimpeded link, connecting two major transportation hubs in Queens.
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