31 Sumpter Street, Brooklyn, NY Development Opportunity. Asking Price: $1,950,000 Price per BSF: $186. Exclusive Listing By Baruch Edelkopf

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1 31 Sumpter Street, Brooklyn, NY Development Opportunity Asking Price: $1,950,000 Price per BSF: $186 Exclusive Listing By Baruch Edelkopf 1

2 Property Description 31 Sumpter Street Brooklyn, NY Property is a 2,500 SF lot with a vacant two family home that will be delivered with approved plans for a 7 Story 10,491 SF building comprising 12 residential units and a retail space. Cross Streets Neighborhood Patchen Ave & Malcolm X Blvd Bedford-Stuyvesant Block & Lot Lot Dimensions 25 x 100 Lot Area SF 2,500 Building Dimensions 22 ft x 30 ft Building SF 1,720 Residential Units 2 Zoning R7D, C2-4 F.A.R Additional BSF Available 8,780 Total Buildable SF 10,500 Tax assessor's market value $465, Taxes 2018 $2, Tax Class 1 Building Class B3 Property Company Description Overview 2

3 R7D: R7D districts promote new contextual development along transit corridors. Portions of Fulton Street and the Special Coney Island District in Brooklyn are mapped as R7D districts. Blocks that are mapped C4-5D have an R7D residential district equivalent. In a C4-5D district or when a commercial overlay is mapped in an R7D district, the ground floor of a building must be reserved for retail uses, such as shops and services, to maintain the vitality of the street C2-4: C2-1 through C2-5 districts are commercial overlays mapped within residence districts. Mapped along streets that serve local retail needs, they are found extensively throughout the city's lower- and medium-density areas and occasionally in higher-density districts. Typical retail uses include neighborhood grocery stores, restaurants and beauty parlors. C2 districts permit a slightly wider range of uses, such as funeral homes and repair services. In mixed buildings, commercial uses are limited to one or two floors and must always be located below the residential use Area Maps Company and Zoning Overview Analysis 3

4 The following is a summary of the proposed plans that the owner is in the process of filing. The property will be delivered with approved plans. Summary Company of Proposed Overview Plans Plans will be made available for review with signed NDA 4

5 Bedford-Stuyvesant is a vast Brooklyn neighborhood filled with historic brownstones and Victorian architecture. Starting in the 1920s and '30s, many young families moved to Bed-Stuy from Harlem in search of more space, quieter streets and a community they could call their own. The neighborhood's leafy streets and classic brownstones have made it a favorite amid Brooklyn's ongoing resurgence. Young professionals and artists are moving in, and new restaurants, bars and businesses are cropping up along Bed-Stuy's streets and avenues. Neighborhood Company Overview 5

6 EMH Commercial Realty was formed with the sole focus of closing commercial transactions in the smoothest and most efficient way possible. The primary focus of our team will be on the Brooklyn NY markets - a marketplace that our brokers have had much historical success. We utilize the latest in cutting edge technology and foster an open team environment to bring much needed market insight that is critical to each deal that comes across our desks. Our experienced team of motivated brokers work diligently with our base of sellers and investors to enhance and facilitate each transaction. That said, EMH is uniquely poised to be your subject matter expert for all your commercial real estate needs. Company Overview Overview 6

7 109 South 5 th Street Suite 109 Brooklyn NY Baruch Edelkopf VP of Sales Desk: (718) Cell: (646) Baruch@emhcr.com 7