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Sold
Commercial/Land
Prime Corner Development Site
524 Rockaway Avenue, Brooklyn, NY - 11212
Description
The property is a .07 acre corner level lot located in North Brooklyn, NY. The property is strategically located along Rockaway Ave. (30' of frontage) and is surrounded by a heavily trafficked commercial and residential area. There is a 15-year tax abatement in place. The property has vast income potential and can be suitable for commercial, retail, mixed use, multifamily, office or medical development. The property is only one block from Pitkin Avenue which houses a host of retailers including Rite Aid, US Post Office, Domino's Pizza and GameStop.
Documents
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Property Information
Auction Information
Terms & Conditions
- Buyers Premium 10% based on the high bid.
- Closing Sold in As-Is condition, no contingencies.
- Deposit Amount $20,000 due at time of auction. DEPOSIT MUST BE IN THE FORM OF A BANK CHECK
- Broker Co-op 2% of the high bid will be paid to a properly registered broker at settlement.
Inspection
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Auction Location:
On-Site