Details
- Vacant lot in the Crown Heights neighborhood of Brooklyn.
- The lot consists of 3,469 square feet.
- Property consists of 11,968 residential development as of right or up to 15,957 buildable square feet via the Inclusionary Housing Bonus.
- Property has preliminary plans for an
eight-story, 16-unit building. - Property previously had MTA approval.
- Condo sell outs are between $1,100 to $1,200 in the neighborhood.
- Due diligence available upon request.
- Property is located near Franklin Avenue [C,S] Train Station.
- Zoning: R7A
- F.A.R (IH Bonus): 3.45 (4.60)
- Total Buildable (IH Bonus): 11,968 (15,957) SF +/-
- Cross Streets: Franklin Avenue & Classon Avenue
- Price Per Buildable Square Foot ~ $175.47
- Inclusionary Housing Bonus ~ $131.60
- The asking price is set at $2,100,000 ~ please speak to exclusive agents for more details
