114 Erasmus St

For Sale

114 Erasmus St, Brooklyn, NY 11226

This Brooklyn property for sale is located at 114 Erasmus St.

Contacts

broker

Aaron Heideman

(201) 304-7945

Property Details

  • Property Type Land
  • Property Size 18,544 SF
  • Date Updated Nov 9, 2023

Approved plans for 10 apartments, 2 commercial units and 3 Community Facility spaces. The proposed 75-foot-tall development will yield 17,820 sf, with 11,474 sf designated for residential space, 3,207 sf for community facility space and 3,137 sf for commercial space. Demolition is required for a two-story frame residential building on site. 100% Seller Financing Available @12% IO for 2 years.

Option to ground lease for 2-5 year period at $180.000 rent per year, with a purchaser’s option to buy for $1,800,000 after lease termination.

Flexible financing options. Construction lender already on board here.

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Attachments

Getting around

  • 96/100

    Walk Score ®

  • 100/100

    Transit Score ®

  • 69/100

    Bike Score ®

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Location

  • City Brooklyn, NY
  • Neighborhood Flatbush
  • Zip Code 11226
  • Market Brooklyn

Points of Interest

  • Church Avenue

    0.15 miles

  • Beverly Road

    0.33 miles

  • Winthrop Street

    0.54 miles

  • Church Avenue

    0.59 miles

  • Parkside Avenue

    0.65 miles

  • Newkirk Avenue

    0.68 miles

  • Beverley Road

    0.76 miles

  • Mex Cabs

    0.77 miles

  • Cortelyou Road

    0.86 miles

  • Sterling Street

    0.95 miles

  • BP

    0.52 miles

  • BP

    0.96 miles

  • BP

    0.97 miles

  • 7-Eleven

    0.98 miles

  • Shell

    1.05 miles

  • BP

    1.23 miles

  • Speedway

    1.31 miles

  • BP

    1.36 miles

  • EVgo

    1.43 miles

  • Mobil

    1.47 miles

  • Kings County Parking Garage

    0.76 miles

  • Pathmark

    1.20 miles

  • The Brooklyn Museum and Botanic Garden

    1.60 miles

  • Eastern Fruits and Vegetables

    1.67 miles

  • US Postal Service

    1.78 miles

  • Car Park Systems

    1.85 miles

  • Ultra Car Park Systems

    1.90 miles

  • Rapid Park

    1.92 miles

  • Underhill Garage

    2.07 miles

  • Garfield Garage

    2.10 miles

  • Brooklyn Vybe Hotel, Ascend Hotel Collection

    0.42 miles

  • The Brooklyn Riviera Hostel

    1.74 miles

  • Days Inn

    1.93 miles

  • Best Western

    1.99 miles

  • La Quinta

    2.03 miles

  • The Brooklyn Hotel

    2.04 miles

  • Holiday Inn Express

    2.34 miles

  • Knights Inn

    2.37 miles

  • Hotel le Bleu

    2.48 miles

  • La Quinta

    2.54 miles

  • Sears

    0.35 miles

  • Ideal Food Basket

    0.45 miles

  • Ideal Food Basket

    0.45 miles

  • C-Town Supermarket

    0.49 miles

  • C-Town Supermarkets

    0.49 miles

  • Key Food

    0.51 miles

  • C-Town

    0.63 miles

  • Pioneer

    0.64 miles

  • Grocery Store

    0.65 miles

  • Associated

    0.72 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Aaron Heideman

(201) 304-7945