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- LoopNet Team
155 S Elliott Pl
Brooklyn, NY 11217
Land For Sale
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0.34 AC
Property Facts
| Property Type | Land | Proposed Use | Commercial |
| Property Subtype | Commercial | Total Lot Size | 0.34 AC |
| Zoning | R7A - residential | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.34 AC |
| Zoning | R7A - residential |
Description
“The Site” benefits from 146.875’ Frontage within an R7A zoning on a Lot of approximately 14,690 SF. The R7A zoning allows for a base FAR of 3.45x, with the ability to utilize Inclusionary Housing maximizing the FAR to 4.60X (1). The site is undergoing a Lot apportionment, separating the building at 62 Hanson Place into two lots, 19 and 20. The new corner lot with the existing structure will be considered overbuilt as per local zoning regulations. Therefore, a small amount of air rights must be transferred from the development lot to the existing building’s corner lot. Ultimately, the original total BSF of the property (lots 19,20,29), equated to 117,300 BSF, and the existing building spans approximately ~48,468 SF.
Property Taxes
| Parcel Number | 02003-0019 | Improvements Assessment | $4,518,000 |
| Land Assessment | $528,750 | Total Assessment | $5,046,750 |
Property Taxes
