First-time buyers or investors looking for a Development Opportunity!
Prime development opportunity for investors looking to tap into the Brownsville market. The 4,256 Sq Ft lot allows for an approximate buildable sq ft of 10,342 Sq Ft. A single-family residence sits on the site at the moment, which will be delivered upon closing.
The enlarged lot size of 28 × 152 is an excellent opportunity to build an approximate 6-story building with 10+ residential units. Zoning for the property is R6, C1-3, with a FAR of 2.43 and 4.8 for community facilities. Additionally, the property is situated in an investment opportunity zone (OPZ), offering potential benefits.
Please check with your architect to verify zoning requirements.
Sold
$800,000
115 Sutter Ave, Brooklyn, NY 11212
2beds
1,116sqft
Single Family Residence
Built in 1986
-- sqft lot
$864,300 Zestimate®
$717/sqft
$3,464 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 02, 2024 at 04:06am
Listed by:
Darrell Williams,
Compass
Source: StreetEasy,MLS#: S1701276
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Hardwood
Interior area
- Total structure area: 1,116
- Total interior livable area: 1,116 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Details
- Parcel number: 035140084
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1986
Community & neighborhood
Location
- Region: Brooklyn
- Subdivision: Brownsville
HOA & financial
HOA
- Services included: Maintenance