1960 Stillwell AVE, Brooklyn, NY 11223
1960 Stillwell AVE, Brooklyn, NY 11223
1960 Stillwell AVE, Brooklyn, NY 11223
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$1,598,000
Est. payment /mo
0.28 Acres Lot
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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1045979

Rental Info No

Annual Tax Amount $11,900

Lot Size 0.283 Acres

Acres 0.2835

Source onekey2

Property Description

Rare Bensonhurst Development Opportunity. Exceptional opportunity to acquire two adjoining two-family properties being sold together as a development assemblage in the heart of Bensonhurst, Brooklyn. The combined parcels offer approximately 8,700 square feet of land and are situated in an R5 zoning district. Of particular importance to developers, the assemblage is located within a Qualifying Residential Site (QRS) area, creating the potential for enhanced residential development opportunities under current NYC zoning regulations. The existing two-family homes provide potential income while a purchaser develops plans and pursues approvals. With substantial combined lot area, established residential surroundings, and convenient access to shopping, transportation and neighborhood amenities, this offering presents an excellent opportunity for a developer, builder, investor or 1031 exchange purchaser. All zoning, QRS eligibility, FAR, buildable square footage, unit count and development potential should be independently verified by the purchaser and their architect.

Location

State NY

County Kings (brooklyn)

Interior

Fireplace No

Building

Sewer Public Sewer

Schools

Elementary Schools Ps 97 Highlawn

Middle Schools Is 228 David A Boody

High Schools Brooklyn 21

School District Brooklyn 21

Others

Senior Community No

Special Listing Condition None


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OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by American Homes Group • Ron Molcho

NEARBY SCHOOL & BUSINESS

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Randy Reis

Randy Reis

+1(917) 336-1118

Team Leader License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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