Marcus & Millichap - Tri Borough Multi-Family

560 Vanderbilt Avenue

NY

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Price: $4,150,000
Building Size: 7,200 Square Feet
Property Type: Mixed-use
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5234
Matthew.Fotis@marcusmillichap.com
Sebastian Altilio
Tel: 646-805-1469
Sebastian.Altilio@marcusmillichap.com
Matt Toth
Tel: 646-805-1478
Matthew.Toth@marcusmillichap.com
Property Status: Active
Description:

Marcus & Millichap is pleased to offer 560 Vanderbilt Avenue, located between Dean Street and Bergen Street in the Prospect Heights section of Brooklyn, NY.

The subject property, 560 Vanderbilt Avenue, is a 4-story mixed-use building that consists of 1 retail unit and 6 residential units with 3 bedroom “railroad” layouts. The property is built 30 feet by 60 feet on all four floors and sits on a 30 foot by 80 foot lot with a 20 foot by 10 foot extension in the rear of the lot. The property has an approximate 7,200 gross square feet. The property  is zoned R7A /C1-4 allowing for approximately 3,200 square feet of additional air rights. (Block: 1137, Lot: 51)

This property offers investors the rare opportunity to purchase a mixed-use building on Vanderbilt Avenue with 30 feet of retail frontage and free market apartments in the Prospect Heights section of Brooklyn, New York.