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- LoopNet Team
885 New York Ave
Brooklyn, NY 11203
Approved 421A and Plans De · Land For Sale · 0.06 AC
Investment Highlights
- Prime East Flatbush Location
- Within Walking Distance to the "2" and "5" train along Nostrand Avenue and “B” and “Q” along Church Ave
- Development Opportunity. 8100 SF as of right
- 15 Minute Commute to Downtown Brooklyn & Manhattan
PROPERTY FACTS
Property Type | Land | Total Lot Size | 0.06 AC |
Property Subtype | Residential |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 0.06 AC |
Description
Marcus & Millichap’s Matthew Peters & Said Boukhalfa are pleased to present the subject property, 885 New York Avenue, which is currently a 2.5-story frame Single Family home, which will be demolished and replaced with a 7-story multifamily building, located in between Linden Avenue and Church Avenue in the East Flatbush section of Brooklyn, New York (Block: 04870; Lot: 0052). The lot is 27 feet by 100 feet with an R6 Zone on a wide street, allowing for an FAR (Floor to Air Ratio) of 3.0. The property will be delivered with approved plans for 10 apartment units and 6 parking spaces below. The single-family home will be delivered vacant. The lot allows for 8,100 buildable square feet (As-Of-Right) or 9,044 square feet, with approved plans. The plans offer 4 studio apartments, 5, two-bedroom units and an additional penthouse unit which offers 2-bedrooms. The location of the property allows West facing windows with views traveling down 4 avenues, all the way to Flatbush Ave. The lot is located in East Flatbush, 1 block to the Church Ave & Nostrand Stop with the "2" & "5" Train. The property is zoned R6 with a 3.0 FAR given the wide street.
zoning
Zoning Code | R6 (Located in the East Flatbush neighborhood of Brooklyn.) |
R6 (Located in the East Flatbush neighborhood of Brooklyn.) |
Listing ID: 21686471
Date on Market: 07/12/2020
Last Updated:
Address: 885 New York Ave, Brooklyn, NY 11203
The Land Property at 885 New York Ave, Brooklyn, NY 11203 is no longer being advertised on LoopNet.co.uk. Contact the broker for information on availability.
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