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940 Montgomery St - Approved 421A Abatement in Crown Heights 0.11 Acres of Residential Land Offered at $2,800,000 in Brooklyn, NY 11213
EXECUTIVE SUMMARY
A development site which has an as-of-right zoning entitlement to 16,646 SF. Currently on-site is a (2) story apartment building consisting of 4 residential units.
PROPERTY FACTS
| Price | $2,800,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Redevelopment Project | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.11 AC |
| Zoning | R7-1 - Crown Heights | ||
| Price | $2,800,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.11 AC |
| Zoning | R7-1 - Crown Heights |
1 LOT AVAILABLE
Lot
| Price | $2,800,000 | Lot Size | 0.11 AC |
| Price Per AC | $25,357,265.76 |
| Price | $2,800,000 |
| Price Per AC | $25,357,265.76 |
| Lot Size | 0.11 AC |
Block/Lot: 1424/16 Lot SF: 4,810 SF Lot Dimensions: 40’ x 120.25’ Buildable SF: 16,546 SF Zoning: R7-1 FAR: Refer to table Assessment: $154,985 (25/26) R.E. Taxes: $19,373 (25/26)
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Walk Score®
Walker's Paradise (94)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (74)
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940 Montgomery St - Approved 421A Abatement in Crown Heights
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