Details
- Stalled residential conversion in the Bedford-Stuyvesant neighborhood of Brooklyn.
- Property has approved plans for eight condos.
- Approved plans consist of six 1-BR, one 2-BR, and one studio.
- Approximately 25% ($635,000) of the job has been completed including demo, excavation, structural joists, and more.
- Additional $1,500,000 to complete.
- 5,403 net residential sellable square feet.
- Projected sellout at $1,068 per sq. ft. Total sellout $5,775,000.
- Property is located near Franklin Avenue [A,C,S] Train Station.
- Block/Lot: 1822/7
- Lot Size: 2,000 SF (20′ x 100′)
- Building Size: 5,794 SF (20′ x 100′)
- Stories: 4
- Zoning: R6A, C2-4
- Year Built (Renovated): 1910 (2016)
- F.A.R (As Built): 3 (2.90)
- Total Buildable: 6,000 SF +/-
- Cross Streets: Madison Street & Putnam Avenue
- Price Per Buildable Square Foot: $366.67
- The asking price is set at $2,200,000 ~ please speak to exclusive agent for more details
