143 9th St
Brooklyn, NY 11215
143 9th Street · Land For Sale
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0.05 AC
Investment Highlights
- Gowanus Development Site Zoned R6B/M1-4/MX-25 with 5,000 Buildable Square Feet
- Adjacent to the Gowanus Rezoning which is Expected to Bring Approximately 8,500 Units of New Housing to the Neighborhood
- Local Condominium Prices Reaching $1,200 – $1,400 PSF and Residential Rents Reaching $65 – 75 PSF
- One Block Away from the Smith / 9th Street F & G Train and Two Blocks from the 4th Avenue / 9th Street F, G & R Trains
Property Facts
Description
143 9th Street is a frame three story 2,550 square foot 5-unit building located between 2nd and 3rd Avenue in the Gowanus section of Brooklyn, NY. The building is built 25 x 34 feet on a 25 x 100-foot lot (Block 1002 / Lot 55). The building is zoned R6B/M1-4/MX-25 allowing for significant redevelopment opportunities. The total buildable square feet as of right is 5,000 square feet. Condominium sales in similar developments have breached $1,400 per square foot and residential rents have breached $75 per square foot. Currently the building is vacant. A large fire occurred on December 21st, 2023, that did significant damage to the property. The subject properties are located one block away from the Smith / 9th Street serviced by the F & G lines and two blocks away from the 4th Avenue / 9th Street serviced by the F, G & R lines. This development site is just a few blocks away from the recently approved Gowanus rezoning. This 82-block swath of Gowanus is projected to contribute approximately 8,500 units of new housing, 3,000 permanently affordable; 6 acres of new open space along a cleaned-up Gowanus Canal; new commercial and community space; and thousands of jobs.
Property Taxes
| Parcel Number | 01002-0055 | Improvements Assessment | $39,600 |
| Land Assessment | $110,700 | Total Assessment | $150,300 |
Property Taxes
