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11 Van Buren St
Brooklyn, NY 11221
Vacant Lot with Approved Plans · Land For Sale
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0.05 AC
Investment Highlights
- Development opportunity with a lot size of 2,025 SF, located in the heart of Red Hook, Brooklyn
- Approved plans for an 8-unit condominium building, offering a streamlined development process
- The property is ideal for a Build & Flip or long-term investment, capitalizing on the growing demand for residential and mixed-use developments.
- Zoned R6A, R6B, offering 6,075 buildable square feet, with an additional as-of-right 3,125 buildable square feet and a commercial overlay
- Located in a Qualified Opportunity Zone (QOZ), providing potential tax benefits for investors
- Located just an 11-minute walk from the Smith-9 Sts [F, G] Subway Station, offering easy access to Brooklyn and Manhattan.
Property Facts
Description
Excellent development opportunity in the vibrant Bedford-Stuyvesant neighborhood of Brooklyn. The property previously had approved plans for a four-story building with 6,075 buildable square feet, featuring 8 residential units. This well-positioned site offers significant potential for developers looking to create housing in one of Brooklyn's most sought-after areas. Plans and a survey are readily available upon request, streamlining the development process. Located near the Bedford–Nostrand Avenue [G] Train Station, the property provides excellent connectivity and access to local amenities, making it an attractive option for future residents and investors alike.
Property Taxes
| Parcel Number | 01791-0061 | Improvements Assessment | $74,760 |
| Land Assessment | $13,320 | Total Assessment | $88,080 |
Property Taxes
Parcel Number
01791-0061
Land Assessment
$13,320
Improvements Assessment
$74,760
Total Assessment
$88,080
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