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INVESTMENT HIGHLIGHTS
- Approved Zoning Authorization: the property has an approved zoning authorization via the City Planning Commission
- City of Yes / UAP: UAP development affords an FAR increase to 2.40, allowing for up to 12,720 BSF in exchange for affordability requirements
- Public Transportation: Just 3 blocks from the Halsey Street L train offering direct access to Williamsburg and Manhattan within 25 minutes
- As of Right: R6B zoning designates base FAR of 2.00, allowing for up to 10,600 buildable SF as of right
- Delivered Vacant: There is an existing 2,680 SF two-family structure on the property, which will be delivered vacant at closing
EXECUTIVE SUMMARY
Broker of Record
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
| Price | $2,100,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.12 AC |
| Property Type | Land |
| Price | $2,100,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.12 AC |
1 LOT AVAILABLE
Lot
| Price | $2,100,000 | Lot Size | 0.12 AC |
| Price Per AC | $17,259,659.25 |
| Price | $2,100,000 |
| Price Per AC | $17,259,659.25 |
| Lot Size | 0.12 AC |
1 1
Walk Score®
Very Walkable (86)
Transit Score®
Rider's Paradise (95)
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