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Crown Heights Development Site at 940 Montgomery Street

Crown Heights Development Site at 940 Montgomery Street
FOR SALE

$2,200,000

940 Montgomery Street, Brooklyn, NY 11213

14,200 SF

Square Feet

$155

PPSF

Property Description

Crown Heights Development Site For SALE!

Huge opportunity!

Crown Heights Development for SALE!

14,200 BSQF

Approved plans for 18 Units!

Some owner financing available!

421A

Reach out for the whole Breakdown and Budget summary to see the huge Cap Rate!


Property Details

Asset Type

Development Site

Zoning

R7-1

Lot Size

4,800 SF

Neighborhood

Crown Heights

Submarket

Brooklyn

ZIP

11213

Listing Type

sale

Net Operating Income (NOI)

$0

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)

-$125,149

Cash-on-Cash Return

-22.75%

Monthly Debt Service

$10,429

Annual Debt Service

$125,149

View on Map

Address

940 Montgomery Street

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Brooklyn Development Site Market Snapshot

Boundary boundary · Development Site · Sale

No investors found in this market.

Contact the Listing Team

Joe Brikman

Joe Brikman

Licensed Real Estate Salesperson

7 closed

Call

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Joe Brikman

Joe Brikman

Licensed Real Estate Salesperson

7 closed

Call