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1001 Bushwick Ave
Brooklyn, NY 11221
MULTI-FAMILY DEVELOPMENT OPPORTUNITY · Land For Sale
·
0.13 AC
Property Facts
| Property Type | Land | Total Lot Size | 0.13 AC |
| Property Subtype | Residential | No. Stories | 7 |
| Proposed Use | |||
| Zoning | R6 - Medium density residential zoning district. | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.13 AC |
| No. Stories | 7 |
| Zoning | R6 - Medium density residential zoning district. |
Description
The subject property is not located within a historic district and is not a landmarked building. The 5,625 square-foot-development site is currently zoned R-6 with an approximate 150’ of street frontage. Within this medium-density, non-contextual residential zoning district, there exists additional development opportunity. The site has approximately 13,699 buildable square feet as-of-right (2.43 FAR) with a possible density bonus if Quality Housing Program is opted (3.0 FAR or 16,875 SF). Being situated within Opportunity Zone 399 offers further benefits to future developers.
Property Taxes
| Parcel Number | 03322-0001 | Improvements Assessment | $2,680,650 |
| Land Assessment | $186,750 | Total Assessment | $2,867,400 |
Property Taxes
Parcel Number
03322-0001
Land Assessment
$186,750
Improvements Assessment
$2,680,650
Total Assessment
$2,867,400
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