This is an rare opportunity to acquire a large parcel of land in the rapidly changing East End. Hard corner lot. This sale consists of 1 parcel of 27,000 and 1 other contiguous parcel of 6,500 sq. ft. with a rented residence. Idealy like to sell together but would sell 27,000 sq ft by itself. The main building on Sherman is rented out with leases expiring in about 1 year. Lockwood property currently vacant as of Sept 15. Was used as 2 bd, 1 1/2 bath residential workshop. You can keep the buildings rented while you plan for redevelopment. This is currently priced below what other deals are getting done in the East End (EADO). Only 2.5 miles from the 169acre East River Project development by Midway. City infrastructure being updated on the street. New housing being built all around. One block to the Hike and Bike trail. Purchase both parcels on Sherman and Lockwood for additional Pricing Enhancements. The RED OUTLINE in the picture shows both properties together.

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Lot & Location: Corner Lot, Level, Open Lot, Other, Split Possible

MLS #298228945NB Elite Realty