2875 West 16th Street, Brooklyn, New York, New York 11224
$1,198,000
Property Details
Property Description
Prime Brooklyn Development Opportunity! Great Opportunity for builders and investors! This oversized 40x118 property offers 4,750 Sq. Ft. of land with R6 zoning and C1-2 commercial overlay. The property offers approximately 10,450 buildable Square. Ft. as of right with potential for up to 18,525 Sq. Ft. under the affordable housing incentive program or 22,800 Sq. Ft. for a qualifying community facility. Located in a designated Federal Opportunity zone. Excellent opportunity for residential or mixed-use development! All zoning and development potential should be independently verified by a licensed architect.
Property Type Land
Property Status: Active
Dalia Samouha
Real Estate Broker
Cell: 718.687.7576
Email: [email protected]
Instagram: @idealpropertiesrealty