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PROPERTY METRICS

  • Property Size 28,200
  • Price / sq ft $354.43
  • Price $9,995,000
  • Property Type School / Community Facility
  • Address 555 Remsen Avenue
  • City Brooklyn
  • State NY
  • Zip 11236
  • Buildable SF 34,000

PROPERTY DETAILS

555 Remsen Avenue is located on the northeast corner of Remsen Avenue and Church Avenue in the East Flatbush neighborhood of Brooklyn. The subject property is a school/community facility building, totaling 28,200 square feet.

The building is built upon a 34,000 square foot lot, zoned C8-1. There is an additional 30,000 square feet of parking, lot, and playground space. The zoning allows 34,000 buildable square feet for a commercial development and 81,600 buildable square feet for a community facility (FAR 2.4).

The school is comprised of 18 classrooms, averaging 533 square feet each, and a 3,147 square foot gymnasium. The subject property benefits from its corner location, large footprint, and proximity to the intersection of Linden Boulevard (Route 27) and King’s Highway.

555 Remsen Avenue offers investors, community organizations, businesses, and developers the uncommon opportunity to purchase a large facility building for immediate occupancy, redevelopment, or ground-up development.

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