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1259 E 18th St
Brooklyn, NY 11230
Multifamily Property For Sale
·
10 Units
Investment Highlights
- Block-Through Development Site: Three tax lots with frontage on both E 18th & E 19th Streets totaling 15,185 square feet of land.
- FAR increase from 4.00 to 5.01
- Parking is no longer required, resulting in significantly lower construction / excavation costs and greater potential for a residential lobby.
- Density & Scale: The assemblage totals 57,720 buildable SF as-of-right, or 72,290 buildable SF with City of Yes bonus.
- Rear yard setbacks reduced from 30 feet to 20 feet and side yard reduced from 8 feet to 5 feet, allowing for an expanded building envelope and more ef
- Maximum building height increased from 80 feet to 115 feet, allowing for a higher density build.
Property Facts
| No. Units | 10 | Lot Size | 0.64 AC |
| Property Type | Multifamily | Building Size | 3,882 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Mid-Rise | Year Built | 1965 |
| Building Class | C | Cross Streets | 1284 E 19th St |
| Zoning | R7A - R7A Contextual Residential Zoning District in NYC. This is a multifamily residential zone with medium sized buildings. | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.64 AC |
| Building Size | 3,882 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Cross Streets | 1284 E 19th St |
| Zoning | R7A - R7A Contextual Residential Zoning District in NYC. This is a multifamily residential zone with medium sized buildings. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | - | - |
Property Taxes
| Parcel Number | 06738-0072 | Improvements Assessment | $110,340 |
| Land Assessment | $43,320 | Total Assessment | $153,660 |
Property Taxes
Parcel Number
06738-0072
Land Assessment
$43,320
Improvements Assessment
$110,340
Total Assessment
$153,660
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