74-76 south 2nd street
South 2nd street and Wythe ave is a prime Williamsburg block loaded with new developments and restaurants like the Domino Project, 12 Chairs Cafe and Vice offices.
$4,950,000
Lot size: 50x75
Zoning: R6B
Total build-able area: 7,500
Community Facility FAR 4.8
Total buildable 18,000 Buildable
USE / DEVELOPMENT OPTIONS :
1)There is vacant 2 family fully renovated on the right side of the lot that has 2br duplex with basement plus another 4 bedroom duplex that can be subdivide from the 25 foot lot, and you can transfer the air rights so you flip the house and stay with 25 *75 R6 lot with 5,500 bsqft almost for free
2)You can build large 10 condos glass building that includes 2 garden duplex apartments and 2 penthouses
3)You can build 3 single families four story townhouses that will sell for 5M each (see comps links blow and attach)
4)You can build 16 units luxury rental
South 2nd Street between Wythe Ave and Berry Street
