71 Cedar, Brooklyn, NY 11221

Property Description

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.