$720,000
●
Land -
For Sale
71 Cedar
Brooklyn, NY 11221
Studio
0 Bath
$4,167
Estimated Monthly
$0
HOA / Fees
1.03%
Cap Rate
About This Property
71 Cedar St is located in the heart of Bushwick, one of Brooklyn's
most popular and up and coming neighborhoods with a lot of room for
growth. The property is located just one block from the Central
Avenue M train, providing service to Manhattan in under 20 minutes.
New development rents in Bushwick consistently exceed
$3,500/month for a 1-bedroom unit and will only increase over time.
Bushwick is poised for even more growth as renters and
buyers alike are priced out of the nearby Williamsburg and
Greenpoint markets. Lot size measures 25 x 45
with a buildable square footage of over 3,000 sq feet of
residential and over 5,000 square foot of facility use.
This is an excellent opportunity for a new aspiring
developer or someone who wants to invest in recession proof New
York soil. Email or whatsapp/imessage are best for
inquiries.
Unit Size
-
Days on Market
30 days
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$631
HOA Dues
-
Year Built
-
Listed By
Last updated: 13 days ago (NYSMLS #11272329)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 7, 2024 | Listed by CARGON REALTY | $720,000 | |
Listed by CARGON REALTY | |||
Dec 5, 2016 | Sold to Sejal Surendra Sood | $427,665 | |
Sold to Sejal Surendra Sood | |||
May 18, 2015 | Listed | $499,000 | |
Listed | |||
|
|||
PRIME BUSHWICK DEVELOPMENT SITE Vacant lot R6 25' wide Approx
2800sf buildable Being sold w/ approved plans for 4 story, double
duplex townhouse
|
|||
Jul 21, 2014 | Sold to Avon Development Llc | $300,000 | |
Sold to Avon Development Llc | |||
Oct 25, 2013 | Sold to 55 San Jose Llc | $180,000 | |
Sold to 55 San Jose Llc |
Show More
Property Highlights
Building Info
Overview
Building
Neighborhood
Zoning
Geography
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
Stu
1
Bath
1,085 ft²
$638/ft²
$692,410
Oct 7, 2021
$692,410
Feb 18, 2022
$1,166/mo
Condo
Stu
2
Baths
1,063 ft²
$644/ft²
$685,000
Oct 5, 2021
$685,000
Feb 22, 2022
$1,266/mo
Condo
Stu
2
Baths
757 ft²
$786/ft²
$595,000
Jul 8, 2019
$595,000
May 15, 2020
$279/mo
In Contract
Condo
1
Bed
1
Bath
804 ft²
$902/ft²
$725,000
Mar 28, 2024
-
$302/mo
In Contract
Condo
1
Bed
1
Bath
697 ft²
$1,000/ft²
$697,000
Oct 20, 2023
-
$1,422/mo
Active
Condo
1
Bed
1
Bath
691 ft²
$1,000/ft²
$691,000
Dec 19, 2023
-
$1,409/mo
Active
Townhouse
11
Beds
6
Baths
4,800 ft²
$156/ft²
$750,000
Jan 14, 2024
-
$1,122/mo