EMH Commercial Realty Exclusive Listing 735-737 Liberty Ave Brooklyn, NY 11208 Cross Streets: Linwood St & Essex St Exclusive Agent: Heshie Goldfein & Sadya Liberow 1
Investment Highlights: Asking Price: $2,200,000 Price/Built SF: $472 Price/Buildable: $134 Neighborhood: East New York Property Type: Development Approved Plans 735 Liberty Ave: 10 Unit New Building 737 Liberty Ave: Alt 1 to convert to 10 uniy Property Company Highlights Overview Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, no express representation is made nor is any implied as to the accuracy thereof and is subject to error, omissions, change of price, rental or other conditions, prior sale, rental or financing or withdrawal without notice. No warranties or representations are made as in the condition of the property of any hazards contained therein nor are any implied. 2
Description Development site with approved plans to expand current footprint to 2x10 unit buildings. 735 has approved plans to build 10 units and 737 has approved plans for an Alt 1 to convert to 10 units. Properties will be delivered vacant. Property Information Address 735 Liberty Ave 737 Liberty Ave Combined 735-737 Liberty Ave City State Zip Brooklyn, NY 11208 Brooklyn, NY 11208 Brooklyn, NY 11208 Cross Streets Linwood St & Essex St Linwood St & Essex St Linwood St & Essex St Neighborhood East New York East New York East New York Block & Lot 03971-0049 03971-0047 03971-0049 Lot Dimensions 25 ft x 100 ft 29.67 ft x 100 ft 54.67 ft x 100 ft Lot SF 2,500 2,990 (IRR) 5,490 (IRR) Zoning R6A, C2-4 R6A, C2-4 R6A, C2-4 F.A.R. 3 3 3.00 Building Information Building Class S1 S3 S1& S3 Building Dimensions 22 ft x 25 ft 28 ft x 60 ft Building SF 1,100 3,564 4,664 Total Lot FAR 7,500 8,970 16,470 Unused FAR 6,400 5,406 11,806 Stories 2 3 Residential Units 1 3 4 Commercial Units 1 1 2 Total Units 2 4 6 735 = 22 ft x 25 737 = 28 ft x 60 ft 735 = 2 Stories 737 = 3 Stories Tax assessor's market $354,000.00 $256,000.00 $354,000.00 value Taxes 2018 $2,513.00 $14,652.00 $2,513.00 Tax Class 1 2A 1 3 Property Company Description Overview
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East New York is an up-and-coming area of single-family homes and a range of low-rise to hi-rise multifamily buildings that is slowly following suit with its neighbors, Bushwick and Bedford-Stuyvesant. While it s once tarnished reputation is beginning to clear up, developers have been eyeing the area and pursuing the affordable opportunities the neighborhood presents. This neighborhood offers convenience of mass transit options and commuter buses that connect the neighborhood to both Queens and Manhattan. Neighborhood Company Highlights Overview 5
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
109 South 5 th Street Suite 109 Brooklyn NY 11249 Heshie Goldfein Cell: (212) 335-0708 Desk: (718) 964-9050 Email: heshie@emhcr.com Sadya Liberow Cell: (347) 762-4055 Desk: (718) 964-9004 Email: sadya@emhcr.com 7Exclusive Agent Contact Company Overview