HIGHLIGHTS
- Approved Plans: The DOB has approved plans for a 4-story, 8-unit multifamily building totaling ±5,470 SF of net residential area
- As of Right Development: R6 zoning designates base FAR of 2.20 (narrow street), allowing for up to ±5,500 buildable SF as of right
- City of Yes / UAP Development: UAP bonus affords an FAR increase to 3.90, allowing for up to 9,750 BSF in exchange for affordability requirements
- Delivered Vacant: The property will be delivered vacant at closing, providing a clean slate for development
- Public Transportation: Just 2 blocks from the L-train at the Bushwick/Aberdeen stop, and 5 blocks from the A/C/J/Z/LIRR trains at Broadway Junction
FOR SALE DETAILS
PRICE
$950,000 USD
PRICE/SF
$528 USD /SF
# OF UNITS
2
PRICE/UNIT
$475,000
CAP RATE
Request Cap Rate
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1910
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.12 AC
LAND SF
5,227 SF
ZONING
R6
APN/PARCEL ID
03471-0032
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914-584-7422
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914-584-7422
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