MIDBROOK EXCLUSIVE***** !!!!!DEVELOPMENT SITE FOR SALE IN PRIME DITMAS PARK/FLATBUSH!!!!! The property is a 3,760 square foot parcel of land with a 2 unit house, zoned R6 in the rapidly emerging Flatbush neighborhood. The site offers an as-of-right FAR of 2.43, allowing for 9,137 buildable square feet. The neighborhood currently has a shortage of new construction apartment units, while the demand for new housing in the southern section of Prospect Park has continued to rise. Rents at new buildings in the vicinity have reached over $40/SF. Dimensions: 40 × 90 Lot Sq Ft: 3,760 FAR as built: .5 Usable Floor Area/Residential Sq Ft: 1,880 Max FAR: 2.43 Maximum Usable Floor Area: 9,137 Zoning: R6 Residential FAR: 2.43 Facility FAR: 4.8 Annual Property Taxes: $3800 Will be delivered vacant! Do not disturb tenants!
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