Residential development opportunity in Williamsburg Northside, Brooklyn. The subject property consists of a one story commercial building, located 100 Ft off of Prime Bedford Avenue, one of Brooklyn’s most valuable retail corridors, and two blocks away from McCarren Park. Conveniently located close to transportation, restaurants, and shopping. Property will be delivered vacant, as One Zoning Lot with 127 Bedford Avenue, and a Separate Tax Lot. The lot area of approx. 42 Ft x 100 Ft (Irregular), approx. 3,787 Sq Ft. with the potential for a 7 unit development of approx. 9,874 Buildable Sq Ft without parking requirements. Please consult with your architect to confirm what can be built. This site is ideal for a multi-unit rental/condo development. This property offer endless opportunity for an investor/developer looking to be a part of one of the most desirable areas in Brooklyn. Lot Sq Ft: Approx. 3,787. Buildable Sq Ft: Approx. 9,874 Sq Ft. Zoning: R6A. FAR: 2.7. Taxes: Approx. $17,500.
