12 Brighton 10th Lane

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12 Brighton 10th Lane

Brooklyn, NY 11235
Asking Price
$499K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Parcel located at 12 Brighton 10th Lane in Brooklyn
  • Total land area measures 1,620 square feet
  • Asset is currently offered for sale at $499,000
  • Site is zoned and situated for residential development projects
  • Positioned within the established Brighton Beach urban market

What's Special

Residential development serves as the primary use case for this 1,620-square-foot parcel of land situated at 12 Brighton 10th Lane in the Brighton Beach neighborhood of Brooklyn. This site offers proximity to local coastal amenities and the dense urban infrastructure characteristic of southern Brooklyn, providing a strategic footprint for builders looking to capitalize on the sustained demand for housing within the New York City market. The surrounding community benefits from established transit links and essential services, ensuring connectivity to the broader metro area while maintaining a distinct residential character. Prospective developers will find this lot positioned in a well-traveled pocket of the borough, suitable for smaller-scale residential construction projects designed to meet local housing needs. The asking price of $499,000 reflects the current market valuation for buildable land within this specific Brooklyn submarket.

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NOI
$80,000
Cap Rate
16.03%
DSCR
2.70
Strong
Cash-on-Cash
33.65%
Monthly Payment
$2,468.78
Annual Cash Flow
$50,374.643

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