We are pleased to announce a 88,000 buildable square footage development opportunity in the East New York section of Brooklyn, NY. The site includes a 44,000 square foot lot, including a 36,000 square foot industrial warehouse. The owner will contribute the land at a $9,325,000 value, the partner will be responsible for development expenses. Upon completion of the project, the owner and partner will recover their initial investments. Thereafter, profits will be split 50% / 50%.
Listing courtesy of Coldwell Banker Reliable R.E.
© 2019 Brooklyn New York MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Casandra Properties Inc. Data last updated: April 20th, 2019 at 8:36am EDT