640 Hicks St., Brooklyn, NY 11231/ 69 Rapelye 69 Rapelye St

Investment Highlights

Calling All Investors, Developers & End-Users!!! Location, Location, Location!!! This Is Your Next Development Site!!! Located Directly In-Between The Brooklyn Queens Expressway (278) (75k-300k Cars Per Day!!!) & The Hugh L. Carey Tunnel (478) (25k-75k Cars Per Day!!!) 4 Curb Cuts On Rapelye Street, 2 Curb Cuts On Hicks Street 16,248 Sqft. Corner Development Site For Sale!!! The Property Features 200? Of Frontage On Hicks Street, Excellent Signage, 50+ Parking Spaces, Heavy Power, Great Exposure, +++!!! Zoned M1-1 The Property Is Currently Home To A Successful Gas Station/ Repair Shop That Nets Over $800K Per Year.

Executive Summary

Calling All Investors, Developers & End-Users!!! 16,248 Sqft. Corner Development Site For Sale!!! 69 Rapelye St. Is Located Directly In-Between The Brooklyn Queens Expressway (278) (75,001-300,000 Cars Per Day!!!) & The Hugh L. Carey Tunnel (478) (25,001-75,000 Cars Per Day)!!! The Property Features 200? Of Frontage On Hicks Street, Excellent Signage, 50+ Parking Spaces, Heavy Power, Great Exposure, 4 Curb Cuts On Rapelye Street, 2 Curb Cuts On Hicks Street, +++!!! Zoned M1-1 The Property Is Currently Home To A Successful Gas Station/ Repair Shop That Nets Over $800K Per Year. Location, Location, Location!!! This Is Your Next Development Site!!!

• Sale Type    Investment or Owner User
• Sale Condition    Redevelopment Project
• Property Type    Retail
• Property Subtype    Service Station Service Station General Retail Fast Food Industrial Distribution FlexLight Distribution Service Station
• Building Size    1,800
• Building Class    C
• Year Built/Renovated    1970/2012
• Price    17,800,000
• Price Per SF    9,889
• Percent Leased    100
• Building Height    1 Story
• Building FAR    0.11
• Land Acres    0.37 AC

• 24 Hour Access
• Corner Lot
• Fenced Lot
• Security System
• Signage
• Storage Space
• Monument Signage
• Air Conditioning