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2321 Snyder Avenue
Brooklyn, NY 11226
Asking Price
$1.00M
Asset Type
Commercial Land
Class
Class B
What's Special
2321 Snyder Avenue, Brooklyn, NY 11226 <ul><li>$1,000,000 purchase price for a corner lot in Brooklyn</li><li>Potential to build up to 16,200 SF (community facility)</li><li>Strong demand for institutional and service-based uses</li><li>Flexible zoning with multiple exit strategies</li><li>Located in a transitional corridor with long-term upside</li><li>Shovel-ready development opportunity</li><li>Lot Size: 3,375 SF</li><li>Zoning: C8-2 (Commercial / Community Facility)</li><li>As-of-Right Commercial FAR: 2.0 → ~6,750 builda
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
