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Avenue M - Development Site - Midwood Brooklyn

Avenue M - Development Site - Midwood Brooklyn
FOR SALE

$9,950,000

1617 Avenue M, Brooklyn, NY 11230

Property Description

  • $209 Per Buildable Foot
  • Avenue M and East 17th Street

Property Details

Asset Type

Development Site

Neighborhood

Midwood

Submarket

Brooklyn

ZIP

11230

Listing Type

sale


Offering Memorandum

Download

Net Operating Income (NOI)

$0

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)

-$566,017

Cash-on-Cash Return

-22.75%

Monthly Debt Service

$47,168

Annual Debt Service

$566,017

View on Map

Address

1617 Avenue M

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Brooklyn Development Site Market Snapshot

Boundary boundary · Development Site · Sale

No investors found in this market.

Contact the Listing Team

Shaun Riney
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Shaun Riney

Senior Managing Director of Investments

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Shaun Riney
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Shaun Riney

Senior Managing Director of Investments

378 closed

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John Lopez

John Lopez

Development

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