1683 Union St - Residential LAND FOR SALE


Brooklyn, NY 11213- Crown Heights1,999 SF
$1,750,000 USD
212-396-8244
1683 Union St, Brooklyn, NY for Sale
$1,750,000 USD
Residential LAND - FOR SALE
1/3
1,999 SF

1683 Union St
Brooklyn, NY 11213
Crown Heights


HIGHLIGHTS

  • Great Residential Location, Prime Development Opportunity

OVERVIEW

A 20’ wide vacant lot on a nice residential block that close to fine retail stores and restaurants on Eastern Parkway and Utica Avenue. The property has easy access to the 2, 3 and 4 trains within 15 minutes the tenants or new owner of the property can be in Manhattan and within 10 minutes in downtown Brooklyn. The B46 bus runs along Utica Avenue and goes into the neighborhood of East Flatbush and to Kings Plaza. The lot is located on a nice residential block, the zoning allows for a residential building to be built. The new property can be a single, a two or three family building. The property can have a front yard for plants and flowers or for on-site parking. There’s an attic allowance of up to 20% for inclusion of space under the pitched roof. The basement can be duplexed with the first floor to get more square footage. The attic space would give an extra 540 square feet, plus the basement can be built full for 2,000 square feet below grade. That would be 2,540 square feet, plus the 2,700 square feet buildable. The property would be a total of 5,240 square feet basement included. The property is located in an area that under a lot of development. When the units are built there will be a lot of demand for them from young professionals and artists from the city and the local neighborhood. They love the fact that Crown Heights via train is not far from the city and is close to Bedford Stuyvesant and Williamsburg where prices for units are less than Manhattan. All these factors makes this a prime development opportunity that a developer will enjoy developing.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/ACRE

$38,115,000/AC

PRICE/SF

$875 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units

LAND ACRES

0.05 AC

LAND SF

2,000 SF

OFFSITE IMPROVEMENTS

Streets

ZONING

R4

APN/PARCEL ID

01395-0048

ASK ABOUT THIS PROPERTY

Kervin ValesHalstead Property LLCMore Info
212-396-8244

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Kervin ValesHalstead Property LLCMore Info
212-396-8244

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.