Your email has been sent.
2081 Atlantic Ave - Development Opportunity 0.2 Acres of Residential Land Offered at $3,000,000 in Brooklyn, NY 11233
INVESTMENT HIGHLIGHTS
- Corner development opportunity in the Ocean Hill neighborhood of Brooklyn
- Parking is now waived under the new City of Yes program
- Conveniently situated near the Rockaway Ave [A, C] Subway Station, offering excellent accessibility.
- Property is a qualified residential site with a 2.5 FAR and has a total of 22,305 buildable square feet
- Zoned R5, C2-3, allowing for residential or mixed-use development.
EXECUTIVE SUMMARY
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $3,000,000 | Lot Size | 0.20 AC |
| Price Per AC | $14,646,935.62 |
| Price | $3,000,000 |
| Price Per AC | $14,646,935.62 |
| Lot Size | 0.20 AC |
2081 Atlantic Ave, Brooklyn, NY 11233 is a 8,922 SF lot zoned R5, C2-3 with 22,305 buildable SF, making it suitable for residential development with a 2.5 FAR.
DESCRIPTION
Development opportunity located in in the Ocean Hill neighborhood of Brooklyn. The site consists of 22,305 buildable square feet. a qualified residential site with a 2.5 FAR. Parking is now waived under the new City of Yes program. The price per buildable square foot for this property is $134.49. This property is situated within an R5 residential zoning district with a C2-3 commercial overlay. This zoning allows for medium density residential development including detached, semi-detached, and multi-family homes, with a maximum Floor Area Ratio (FAR) of 1.25.
PROPERTY TAXES
| Parcel Number | 01567-0044 | Improvements Assessment | $81,900 |
| Land Assessment | $139,500 | Total Assessment | $221,400 |
PROPERTY TAXES
Presented by
2081 Atlantic Ave - Development Opportunity
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.