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- LoopNet Team
967 Nostrand Ave
Brooklyn, NY 11225
967 Nostrand Avenue · Land For Sale
·
0.36 AC
Investment Highlights
- a trophy development opportunity in the coveted Crown Heights neighborhood of Brooklyn, just four blocks from Prospect Park.
- The immediate area is undergoing unprecendented transformation
- As-of-right, a developer can build up to 75,528 ZFA by allocating a portion of the floor area toward community facility use.
Property Facts
Description
This 15,735 SF corner gem boasts 3 sides of street frontage and carries R7-1 zoning with a C2-3 overlay, offering excellent scale and abundant development possibilities. As-of-right, a developer can build up to 75,528 ZFA by allocating a portion of the floor area toward community facility use. Future ownership will also have the opportunity to include a retail component and leverage the site’s 354 feet of wrap-around street frontage. Foundation work has been completed, allowing the developer to take advantage of the new extended 421-a program and substantially reducing the development timeline.
Property Taxes
| Parcel Number | 01309-0017 | Improvements Assessment | $0 |
| Land Assessment | $720,900 | Total Assessment | $720,900 |
Property Taxes
