0.026 Acres of Residential Land for Sale in Brooklyn, New York

71 Cedar, Brooklyn, NY 11221

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$720,000
0.03 acres
Active sale agoEst $7,384/mo

71 Cedar St is located in the heart of Bushwick, one of Brooklyn's most popular and up and coming neighborhoods with a lot of room for growth. The property is located just one block from the Central Avenue M train, providing service to Manhattan in under 20 minutes. New development rents in Bushwick consistently exceed $3,500/month for a 1-bedroom unit and will only increase over time. Bushwick is poised for even more growth as renters and buyers alike are priced out of the nearby Williamsburg and Greenpoint markets. Lot size measures 25 x 45 with a buildable square footage of over 3,000 sq feet of residential and over 5,000 square foot of facility use. This is an excellent opportunity for a new aspiring developer or someone who wants to invest in recession proof New York soil. Email or whatsapp/imessage are best for inquiries.

Property details

Coordinates
40.6976, -73.9271
Community
Bushwick
Elevation
49 feet
MLS Number
MyStateMLS 11272329
Date Listed

Parcels

  • 3322743

Property taxes

Year not provided
$7,569

This 0.03-acre property is located at 71 Cedar in Brooklyn, NY 11221 with latitude 40.6976 and longitude -73.9271. The property is currently available for sale for $720,000 with a price per acre of $27,692,308. Listing data is sourced from My State MLS # 11272329.

Verify sale details at the property source or contact Cargon Realty at (347) 698-3106.

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Copyright (C) 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

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