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- LoopNet Team
89 Schenectady Ave
Brooklyn, NY 11213
Land For Sale
·
0.05 AC
INVESTMENT HIGHLIGHTS
- The A and C trains are located 3 short blocks north on Fulton Street providing easy access to Manhattan.
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.05 AC |
| Property Subtype | Residential | ||
| Zoning | R6 - Medium-density areas | ||
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.05 AC |
| Zoning | R6 - Medium-density areas |
DESCRIPTION
Investment Highlights Ariel Property Advisors has been retained to sell the vacant lot located at 89 Schenectady Avenue in the Crown Heights neighborhood of Brooklyn. The lot measures 21’ x 100’ and is zoned R6 with an FAR of 2.2 which permits 4,620 square feet of as-of-right residential development. The property is well situated in between two community gardens which will remain undeveloped. There are approved plans which call for a four story, 4,605 square foot apartment building with 7 residential units. The unit mix is as follows: - First Floor- Oversized 1-bedroom apartment with one and a half bathrooms. The unit is duplexed into the basement where there is a separate room and half bathroom. - Second Floor and Third Floor- Two 1-bedroom, 1-bathroom apartments on each floor with ample living and dining space. - Fourth Floor- One 1-bedroom, 1-bathroom apartment and one duplex 1/2-bedroom apartment with 2 full bathrooms and a private terrace. All units have balconies except for the first floor apartment and there is a common roof deck, common backyard, and laundry room in the basement.
