RARE OPPORTUNITY to acquire a Mixed use property sitting on a double lot and ready for gut renovations. The property is a two story 1 family plus store and sits on 15 X 100 lot with an additional 10×80 rare L-shape parcel offering a second entrance/exit with a curb cut on Amboy street .The FAR for residential is 2.43 and community facility 4.8. The existing building square feet is 1634 and it comprises of 1 retail space plus cellar and 1 apartment. The actual FAR is 1.02 and the zoning is R6. With a maximum buildable square feet of 4,252 for residential and 8,400 for community facility, this property offers a great opportunity for development. Seller is in process of submitting plans for 2 large residentials units ( two 3br / 2 baths apartments ) and 1 commercial unit. Only a few short block to Brookdale Hospital, a few minutes to the 3 subway lines, and situated in the quiet residential area of Brownsville where there is an astonishing amount revitalization and new development. The Annual taxes are $2,273 Asking price as is; $549,000 and with approved plans $599,000
Off market
$879,500
60 Lott Ave, Brooklyn, NY 11212
--beds
0baths
1,634sqft
MultiFamily
Built in 1930
-- sqft lot
$879,500 Zestimate®
$538/sqft
$4,699 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Interior area
- Total interior livable area: 1,634 sqft
Property
Lot
- Size: 1,751 sqft
Details
- Parcel number: 036210038
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1930
Community & neighborhood
Location
- Region: Brooklyn
Other
Other facts
- Residential Style: Two Story
- Building Style: 900
- Construction Type: Masonry Brick
- HOA or Building Fee: 0.00