1164 Nostrand Ave
Brooklyn, NY 11225
Development Site · Land For Sale
·
0.06 AC
Investment Highlights
- Prime development opportunity located in the Prospect Lefferts - Garden neighborhood of Brooklyn.
- Zoned R6, C2-3, offering 8,100 buildable square feet, suitable for residential & commercial development.
- Property is also located near Prospect Park [B,Q,S] Subway Station.
- The building currently consists of 1 commercial unit which was previously a medical office.
- Property is located near Sterling St [2,5] Subway Station.
Property Facts
| Property Type | Land | Total Lot Size | 0.06 AC |
| Property Subtype | Residential | ||
| Zoning | R6, C2-3 - Allows medium-density residential buildings, like apartments, and ground-floor commercial uses, including retail stores and offices. | ||
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.06 AC |
| Zoning | R6, C2-3 - Allows medium-density residential buildings, like apartments, and ground-floor commercial uses, including retail stores and offices. |
Description
Prime development opportunity located in Prospect Lefferts - Garden. The building currently consists of 1 commercial unit which was previously a medical office. The site consists of 8,100 buildable square feet. Project is ideal for alt-1 development opportunity to extend the existing structure into a mixed use building consisting of approximately 10 residential units plus a commercial. The property already has a sewer connection, plumbing and electrical, saving costs for the potential developer. The price per buildable square foot for this property is $188.27. This property is situated within an R6 residential zoning district with a C2-3 commercial overlay. This zoning allows for medium density residential development, including apartment buildings, and permits certain commercial uses, such as retail stores and offices.
