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| Description: 3342941 | |
| Exceptional development opportunity in the heart of Flatbush. This 5,962-square-foot lot is improved with a single-story commercial building currently leased to a church through February 2027, providing income while plans for future development are evaluated. Situated on a wide street within an R6 zoning district, the property offers significant redevelopment potential. The zoning permits up to a 3.0 residential FAR (17,886 SF, or 26 apartments), with the potential for up to a 4.8 FAR (28,618 SF) for community facility use. The site is well positioned within a vibrant residential neighborhood with convenient access to transportation, shopping, and local amenities. Developers, investors, and institutional users will appreciate the flexibility afforded by the site`s zoning and location. | |
Details: |
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| Property Type: | Land | |
| Lot Size: | 58.17` X 102.5` | |
| Built: | 1933 | |
Financials: |
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| Price: | $2,925,000 | |
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