WAS FOUR STORY COMMERCIAL BUILDING TORN DOWN
NOW VACANT LOT
SELLER WILL CONSIDER JOINT VENTURE
(THEY CAN BUILD OUT THE DEVELOPMENT)
BEDFORD STUYVESANT
PRIME DEVELOPMENT OPPORTUNITY
SOLD WITH APPROVE PLANS FOR 30 UNIT BUILDING & 421A TAX ABATEMENT.
BROOKLYN, NEW YORK
near Bedford Avenue

Lot Size:
Lot Square Footage: Stories:
Buildings Sq Ft:
60’ x 100’ irr 5,457 (approx) 4
12,900

Zoning: (FAR) C4-5D (4.2) Equivalent R7D (4.2) Height Limit 135’

Total Buildable Square Feet:
Air Rights:
Assessment: 21/22 Real Estate Taxes:
30,585 Gross per approved plans
10,006
$594,000
$63,884.76 421A Tax Abatement For 35 Years

Description: A 60’ x 100’ development site which is being sold with approved plans that will be a 60’ wide 30 unit eight story luxury elevatored mixed-use building

ASKING PRICE: $7,775,000