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166 Kings Hwy
Brooklyn, NY 11223
Land For Sale
·
0.40 AC
Investment Highlights
- 166 Kings Highway is a block-through development site with 485’ of wraparound corner frontage in Gravesend, Brooklyn.
- Given it’s exceptional frontage, visibility and scale, this site is perfect for retail anchored mixed use, multifamily, charter school, etc.
- MIH Rezoning Covenants: 25% of units at AMI level (MIH Option 1, shelter/supportive housing not permitted.
- The 17,425 SF vacant lot was recently rezoned to R7A / C2-4, allowing for development up to 87,300 buildable SF.
- MIH Rezoning Covenants: Max 90 residential units, up to 8 stories, min 60 parking spaces, 2,500 SF community facility space.
Property Facts
| Property Type | Land | Total Lot Size | 0.40 AC |
| Property Subtype | Residential | ||
| Zoning | R7A / C2-4 - Medium Density Apartment House District, Commercial District. | ||
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.40 AC |
| Zoning | R7A / C2-4 - Medium Density Apartment House District, Commercial District. |
Description
The 17,425 SF vacant lot was recently rezoned to R7A / C2-4, allowing for development up to 87,300 buildable SF.
Property Taxes
| Parcel Number | 06619-0042 | Improvements Assessment | $195,840 |
| Land Assessment | $715,410 | Total Assessment | $911,250 |
Property Taxes
Parcel Number
06619-0042
Land Assessment
$715,410
Improvements Assessment
$195,840
Total Assessment
$911,250
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