534 Coney Island Avenue — Sale in Brooklyn, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Brooklyn, NY 11218
  • Size: 10,160 SF

Description

Jones Lang LaSalle (“JLL”) has been retained on an exclusive basis to arrange for the sale or ground lease of 534 Coney Island Avenue (the “Property” or “Site”), a premier development site located in Prospect Park South. The Site has a 10,160 SF footprint and the ability to build up to 60,960 ZFA. Strategically situated at the intersection of Coney Island Avenue and Hinckley Place, this prime corner location offers developers an exceptional canvas with substantial upside potential in an undersupplied and growing submarket. The Site is currently occupied by QSR NYC LLC who owns the KFC tenant interest and pays monthly ground lease payments. The ground lease has a 120-Day demolition clause.

Market Context

This commercial property in Brooklyn, NY is listed for sale across 10,160 SF. It has been on the market for 83 days. Compare it against other commercial property listings for sale in Brooklyn, NY — view the full market.

Contact

Explore this market

Similar Business for Sale in Brooklyn, NY