Prime development opportunity on a desirable block in East Flatbush, Brooklyn. This 3-family property sits on a 36×116 lot and is surrounded by large new developments, with limited available land remaining in the area. Zoned R7-1, offering strong potential for condominiums, community facilities, or a large apartment building. The property allows for a maximum residential FAR of 3.44, providing approximately 12,528 buildable square feet, with a maximum buildable potential of up to 14,365 square feet. Conveniently located near public transportation, hospitals, shopping, and neighborhood amenities. A rare opportunity for developers and investors to build in this Prime Brooklyn neighborhood.
Prime development opportunity on a desirable block in East Flatbush, Brooklyn. This 3-family property sits on a 36×116 lot and is surrounded by large new developments, with limited available land remaining in the area. Zoned R7-1, offering strong potential for condominiums, community facilities, or a large apartment building. The property allows for a maximum residential FAR of 3.44, providing approximately 12,528 buildable square feet, with a maximum buildable potential of up to 14,365 square feet. Conveniently located near public transportation, hospitals, shopping, and neighborhood amenities. A rare opportunity for developers and investors to build in this Prime Brooklyn neighborhood.
Listing Courtesy of MadisonEstates Sothebys Realty