Location Location Location! Investors and developers come discover this gem in the prime golden location right by the R train in the corner of 4th Avenue and Bay Ridge Avenue with optimum exposure and convenience near shopping, dining and transportation! You can either enjoy promising and lucrative rental income or the potential to expand and build into a more profitable asset. R7B Zoning!!! According to nyc.gov (are similar to those of R6B districts but the higher floor area ratio(FAR) and height limit generally produce six-to seven-story apartment buildings rather than the rowhouses typical of R6B districts. The FAR is 3.0; the base height of a new building before setback must be between 40 and 65 feet before rising to a maximum building height of 75 feet.) All Info Not Guaranteed, Prospective Buyer Should Re-Verify All Info By Self and consult your architect! Donâ??t miss this golden opportunity! Additional notes: current tenantâ??s lease ends 5/31/2028, landlord pays property tax and insurance, tenant pays utilities.
Details:
Property Type:
Commercial
Lot Size:
22, 102, 21, 97
Built:
1931
Financials:
Price:
$2,690,000
ProBase Real Estate Xi Xian (johnny) Pan Office: (718)210-2727
provided by Brooklyn NY MLS
ProBase Real Estate Farrah Mei Office: (718)210-2727
provided by Brooklyn NY MLS
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