610 Marcy Ave - Commercial LAND FOR SALE


Brooklyn, NY 11206- Bedford-Stuyvesant3,049 SF
$5,000,000 USD
917-407-8840
610 Marcy Ave, Brooklyn, NY for Sale
$5,000,000 USD
Commercial LAND - FOR SALE
1/7
3,049 SF

610 Marcy Ave
Brooklyn, NY 11206
Bedford-Stuyvesant


HIGHLIGHTS

  • 30x100 Vacant Lot with flexible R7A zoning with a C2-4 commercial overlay
  • Build a 115' tall mixed-use residential + commercial project with 15,000+ buildable SF
  • Location on a bubbling corridor on border of Bed Stuy, Williamsburg an Bushwick
  • Site has excellent transit access (G, J/M/Z, C trains) and high walkable score
  • Lot is adjacent to a NYC Public Garden which enhances light, air, and aesthetic appeal of any residential project

OVERVIEW

Vacant Lot for Development The site at 610 Marcy Avenue offers significant development flexibility under R7A zoning with a C2-4 commercial overlay. Developers can pursue as-of-right residential, mixed-use residential + commercial, or community facility projects. Adding a couple of inclusionary housing units to the project as a bonus may increase buildable square footage to maximize yield. From a positioning perspective, the lot is adjacent to a NYC Public Garden --while it cannot be built on, it DOES enhance light, air, and aesthetic appeal of any residential project. The site also has excellent transit access (G, J/M/Z, C trains) and high walkable score due to surrounding retail corridors along Myrtle Ave, Bedford Ave, Nostrand Ave, Dekalb Ave and Broadway. Also nearby to Bed-Stuy YMCA, Pratt Institute, and several parks including Herbert Von King Park. Lot Size: ± 3,000 SF Zoning: R7A with C2-4 commercial overlay Residential FAR: 4.0 ...12,000 BSF Commercial FAR: 2.0 Community Facility FAR: 4.0 *Residential FAR w/ Inclusionary Bonus: 5.01 ...15,030 BSF* Including affordable housing unlocks additional development potential. Dwelling Unit Factor = 680sf Maximum Dwelling Units (DU) = 15,030sf / 680sf = 22 dwellings Parking Requirement Factor for R7A = 50% for standard dwelling units and 0% for income restricted dwelling units. Minimum Base Height = 40' Maximum Base Height = 85' Minimum Setback above Base Height on Narrow Street = 15' Maximum Building Height = 115' Adjacent to NYC public garden Close to Myrtle Ave & Fulton retail corridors Surrounded by active development and repositioning projects Ideal for mid-rise mixed-use residential + retail or community facility. All square footage and FAR figures are approximate and should be independently verified. Prospective purchasers and their architects are strongly encouraged to conduct their own due diligence, including zoning analysis, buildable square footage verification, and all regulatory approvals. Offer subject to change and withdrawal without notice. REACH OUT FOR FULL SET UP DECK

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/ACRE

$71,433,257/AC

PRICE/SF

$1,640 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Office, Mixed Use, Multi-Family, Apartment Units, Apartment Units - Condo, Apartment Units - Dorms, Apartment Units - Senior, Apartment Units - Subsdzd, Bar, Community Center, Contractor Storage Yard, Hold for Development, Hold for Investment, Industrial Live/Work Unit, Lodge/MeetingHall, Lumberyard, Neighborhood Center, Open Space, Parking Garage, Planned Unit Development, Religious Facility, Retail Warehouse, Self-Storage, Storefront Retail/Residential

LAND ACRES

0.07 AC

LAND SF

3,049 SF

OFFSITE IMPROVEMENTS

-

ZONING

R7A with C2-4 commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Malika OyoCompassMore Info
917-407-8840

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Malika OyoCompassMore Info
917-407-8840

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