12,000 SF Buildable - Max Residential FAR 4.0
? Excellent lot in the Opportunity Zone
? Ideal for high-rent free-market new 14 unit residential building
? Property abuts a greenspace park behind it
Excellent & clean 3,000 SF Lot ready for quality new construction development. Quiet tree-lined residential street and just three blocks from the #4 train Burnside Ave station.
Projected Income: 14 quality new construction two bedroom units at $2,100 each $29,400 monthly/$352,800 gross annual. 8.675 CAP Potential
Block & Lot: 2868 & 161
Low Annual Taxes: $2,183.96
Lot size: 30? x 99.42?
FAR: 4.0
Zoning: R7-1Excellent & clean 3,000 SF Lot ready for quality new construction development. Buildable SF with community facility +14,000 SF(with deduction); Buildable SF without community facility+12,000 SF
Quiet tree-lined residential street and just three blocks from the # 4 train Burnside Ave station.
Low Annual Taxes: $2,183.96
Have Land & Architectural Survey as well as Architectural plans for the building
available on
3/9/2021Single Family Townhouse
MLS/Listing ID 4429853
3 Stories
Listing Courtesy of 1995 BROADWAY, ROLAND LEVIN - 646-258-0755
Source of Data: LIMO MLS