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81 Irving Pl
Brooklyn, NY 11238
81 Irving Place · Multifamily Property For Sale
·
1 Unit
Investment Highlights
- 18,520 SF building delivered vacant in prime Clinton Hill
- Opportunity for residential or mixed-use development totaling 32,000 ZFA
- Plethora of trendy dining and shopping options on the surrounding blocks
- Previously utilized as a school with excellent ceiling heights
- Close proximity to mass transportation (5 minute walk to Franklin Avenue Station C & S trains)
Property Facts
| No. Units | 1 | Lot Size | 0.19 AC |
| Property Type | Multifamily | Building Size | 18,520 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1971 |
| Building Class | C | ||
| Zoning | R7A - Miscellaneous Educational | ||
| No. Units | 1 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 18,520 SF |
| No. Stories | 3 |
| Year Built | 1971 |
| Zoning | R7A - Miscellaneous Educational |
Amenities
Unit Amenities
- Eat-in Kitchen
About 81 IRVING PL , BROOKLYN, NY 11238
Meridian Investment Sales is pleased to present the exclusive offering of 81 Irving Place – a vacant building formerly occupied by a school in the desirable Clinton Hill neighborhood of Brooklyn. Steps from the Fulton Street and Franklin Avenue commercial corridors, the property presents an exceptional opportunity for residential conversion or continued operation as a school or community use. The building currently spans 18,520 gross square feet across three floors with excellent ceiling heights (11’ 11” slab-to-slab on each floor) with legal, rentable square footage on the roof previously used as a playground. The property is zoned R7A and benefits from 13,480 square feet of extremely valuable as-of-right residential air rights. With recently completed residential developments on the surrounding blocks achieving sellouts in excess of $1,000 per square foot and rental rates of over $50 per square foot, the neighborhood is ideal for high-end condominium or rental development.
Property Taxes
| Parcel Number | 01993-0015 | Improvements Assessment | $5,860,000 |
| Land Assessment | $640,000 | Total Assessment | $6,500,000 |
Property Taxes
