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Investment Highlights

  • Strategic location along Hylan Boulevard ensures excellent visibility and accessibility, making it a smart investment for developers or end-users.

Executive Summary

Prime Bushwick Opportunity – 2-family home - Buildable lot is ideal for your next project or residence.
R6 Zoning 36.67 X 100 Lot Size - Residential FAR 2.43 - Facility FAR 4.8. The property offers incredible potential. It features a large side and backyard, perfect for expansion or redevelopment. The current building size is 17x45. Situated in a rapidly growing and vibrant neighborhood, this property is conveniently close to shopping and transportation. Contact today to explore this outstanding opportunity and schedule a showing!

Property Facts

Price $1,899,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units - Condo
  • Hold For Development
Total Lot Size 0.08 AC
Opportunity Zone Yes
Zoning R6 - Medium density residential district

1 Lot Available

Lot 3373/45

Price $1,899,000
Price Per AC $22,557,998.65
Lot Size 0.08 AC

This two-family home sits on two combined lots, offering a rare chance for redevelopment in a high-traffic corridor. With ample space and flexible zoning, the property is ideal for expansion or new construction.

Description

This two-family home is set on a 36.67 x 100 ft lot with R6 zoning, allowing for a Residential FAR of 2.43 and Facility FAR of 4.8. The current building measures 17 x 45 ft and features a spacious side and backyard, perfect for redevelopment or expansion. Located in a vibrant and rapidly growing neighborhood, it’s close to shopping and transportation, making it ideal for your next residential or mixed-use project.

Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
03373-0045
Land Assessment
$19,440
Improvements Assessment
$58,500
Total Assessment
$77,940
  • Listing ID: 35431913

  • Date on Market: 4/9/2025

  • Last Updated:

  • Address: 35 Cornelia St, Brooklyn, NY 11221

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