FOR SALE EXCLUSIVE LISTING EMH Commercial Realty 968 Dumont Ave, Brooklyn, NY 11208 Exclusive Agents: Mike Feinstein, Nick Bonet 1
Description: EMH Commercial Realty has been retained to market 968 Dumont on an exclusive basis. The subject property is a vacant lot located on the corner of Dumont Ave and Milford St. The property boasts over 120ft of frontage on Dumont Ave and offers 4,035 buildable square feet of residential air rights. There are proposed plans to develop a 3 family home, each unit with 3 beds and 2 baths which will be approved by closing The property is located near the New Lots Av 3 Train and a couple of blocks from the Shepherd Av C Train. Asking Price $340,000 Price/Buildable $84.26 Neighborhood East New York Property Type Approved Plans Development Site Upon Delivery 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
Property Information Address 968 Dumont Ave City State Zip Brooklyn, NY 11208 Cross Streets Montalk Ave & Milford St Neighborhood East New York Block & Lot 04456-0005 Lot Dimensions Lot SF 3,228 Zoning R5 F.A.R. 1.25 Building Information Building Class V0 Total Lot FAR 4,035 Unused FAR 4,035 Stories 0 Residential Units 0 Commercial Units 0 Total Units 0 Tax assessor's market value $210,000 10.25 ft x 100 ft (IRREGULAR - Triangle - Corner) Property Company Information Overview Taxes 2018 $724 Tax Class 1B 3
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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 7
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 8
EMH Exclusive Agents Mike Feinstein Desk: 646-847-3464 mike@emhcr.com 109 South 5 th Street Suite 3100 Brooklyn NY 11249 Nick Bonet Desk: 646-847-3624 nick@emhcr.com 9Exclusive Agent Contact Company Overview