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- LoopNet Team
2081 Atlantic Ave
Brooklyn, NY 11233
Development Opportunity · Land For Sale
·
0.20 AC
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.
Property Facts
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
