Located in the neighborhood of Brownsville, Brooklyn in New York City, NY. The sale of this property includes plans to build a 6 story 16,000 square foot 16unit building plus 4000+ Sq Ft. of community facility space. This prime development opportunity is supported by strong demand drivers including: -Located in Brownsville, one of the fastest growing neighborhoods in New York City. -Easy access to the MTA #3 train line, B12 Bus -25-minute travel time to Downtown Manhattan -Located amid developments currently being planned within the neighborhood. -Steps away from the shopping districts of Pitkin Avenue & East 98th Street & Rutland Road. -10-20 Minutes travel to Brooklyn Botanical Gardens, Brooklyn Museum, Grand Army Plaza, Main Public Library at Grand Army Plaza, Barclay Center and Downtown Brooklyn dining and shopping. Incentives: Property qualifies for Tax Abatements under the 421a Program. Property qualifies as an Opportunity Zone funding project for credited funding. Project qualifies for C-PACE Energy Efficiency funding. Unit Mix: Apartments Studio -1bedroom, 2bedroom
Off market
$795,800
546 Saratoga Ave, Brooklyn, NY 11212
3beds
1,116sqft
SingleFamily
Built in 1987
4,000 Square Feet Lot
$795,800 Zestimate®
$713/sqft
$3,955 Estimated rent