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$2,700,000
Est. payment /mo
20 SqFt
UPDATED:
Key Details
Property Type Mixed Use
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 20 sqft
Price per Sqft $135,000
MLS Listing ID 505374
Property Sub-Type Mixed Use
Property Description
Rare development opportunity in Sunset Park, Brooklyn! Located off 4th Avenue, 412 55th Street features approximately 2,766 SF of irregular land with an existing front garage and former assembly/community space toward the rear. Zoned R7A/C2-4 with a 4.0 residential FAR, yielding approximately 11,064 SF of theoretical residential zoning floor area. Offers tremendous redevelopment potential for residential condominiums, multi-family rental, mixed-use, retail, medical/professional offices, or community facility use. The front garage provides an opportunity for integrated private parking. Preliminary architectural concepts propose an 18-unit residential condo development with 1 retail space and 1 community facility space. Conveniently located near public transportation and commercial corridors. Package deal option: available individually or together with adjoining site at 404 55th Street!
Location
State NY
County Kings (brooklyn)
Area Sunset Park
Zoning R7A/C2-4
Rooms
Basement Finished, Full, Other
Interior
Interior Features Kitchen
Hot Water Other
Heating Other
Flooring Other
Heat Source Other
Exterior
Exterior Feature Other
Roof Type Other
Building
Foundation Other
Others
Energy Description Other
Financing 1031 Exchange,Bank Mortgage,Cash,Owner
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Listed by RE/MAX Edge
NEARBY SCHOOL & BUSINESS
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