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- LoopNet Team
412 55th St
Brooklyn, NY 11220
Land For Sale
·
0.06 AC
Investment Highlights
- Great location just off the corner of 4th Avenue
- High demand and very limited supplies for residential condos in the area.
- R train station a block away, with bus services on 4th and 5th Avenue
Property Facts
| Property Type | Land | Proposed Use | Commercial |
| Property Subtype | Commercial | Total Lot Size | 0.06 AC |
| Zoning | R7A/C2-4 - R-7A - 4.0 Residential Floor To Area Ratio with C2-4 - 2.0 Commercial Floor To Area Ratio | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.06 AC |
| Zoning | R7A/C2-4 - R-7A - 4.0 Residential Floor To Area Ratio with C2-4 - 2.0 Commercial Floor To Area Ratio |
Description
Prime Sunset Park 4th Avenue Lot For Development! Lot Size: 39' × 100' (Irregular) = 2,766 Sq. Ft. Zoning: R-7A/ with C2-4 commercial overlay Max Residential FAR: 4.0 Max Buildable Residential -- 11,064 Sq. Ft. Max Commercial FAR: 2.0 Max Buildable Commercial -- 5,533 Sq. Ft. *Please note the property is not a Landmark This development opportunity is located in a super convenient location in Sunset Park, a block from 53rd Street subway station (D and N service), and within minutes walk to both 4th and 5th Avenue retail/shopping district, 8th Avenue (Sunset Park) retail/shopping district, restaurant rows, parks and play grounds, and great schools in the area. The property is currently a single story building and a garage. The R-7A residential zoning with 4.0 floor to area ratio allows for multiple unit residential building. The additional C2-4 overlay allows for mixed-use option or a full commercial building. The location is also in close proximity to Industry city, Japan Village, Sunset Park, Brooklyn Army Terminal, Ferry Service at the Brooklyn Army Terminal, and easy access to major highways north, west and east. Please call for information.
Property Taxes
| Parcel Number | 00831-0008 | Improvements Assessment | $201,000 |
| Land Assessment | $19,920 | Total Assessment | $220,920 |
Property Taxes
