ID: 2555
NEW YORK PROPERTY
25’WIDE BLOCK-THROUGH VACANT LOT FOR SALE
EXCELLENT DEVELOPMENT/USER OPPORTUNITY
BROOKLYN, NEW YORK
Location Ralph Avenue area
Lot Size:
Lot Sq Ft.
Zoning: (FAR)
Total Buildable Square Feet: Assessment:
Real Estate Taxes:
25’ x 76’irr
1,873 Square feet
R6A (3) with a C2-4 Overlay (2.0) Height Limit 70’ 5,619
$55,430 (24/25)
$5,966.48
Description: A 25’ wide block-through vacant lot which has 5,619 buildable square feet. The lot size makes the property a prime development opportunity.
A developer can build a seven story mixed-use apartment building, there
would be a store on the ground floor and six floor-through apartments
above. A seven story fourteen unit apartment building can also be built.
The property can have frontage on both Fulton Street and MacDougal
Street. The MacDougal side can also be used as a back yard for the
tenants. The site is located in an area with lots of foot traffic and strong
demand for new apartments and stores. The A & C trains is on the corner
of Ralph Avenue & Fulton Street.
The properties is also a great user opportunity, since the MacDougal side has a curb cut the lot can be used for parking or storage.
The property is located close to the A and C trains on Fulton Street & Ralph Avenue. This gives quick access to Downtown Brooklyn and the City. We have floor plans for luxury 6-8 family with two floors of retail space on Fulton Street. Plans expired and needs to be refiled.
The property is being sold subject to violations. The monitorial penalties are cut off during the foreclosure action. Title will omit them. However, the violations need to be cured. We will not pay to cure them. The buyer will be able to cure them as he is building. There may be costs to curing
violations and builders that have worked with the City are able to negotiate better prices. The HPD emergency violations that were transferred to Dept of Finance which is on the tax bill are not omitted and that will be paid by us at closing.
However, to pull permits, these violations need to be cured. Developers who have experience are able to negotiate better pricing with the City.
NEW YORK PROPERTY
25’WIDE BLOCK-THROUGH VACANT LOT FOR SALE
EXCELLENT DEVELOPMENT/USER OPPORTUNITY
BROOKLYN, NEW YORK
Location Ralph Avenue area
Lot Size:
Lot Sq Ft.
Zoning: (FAR)
Total Buildable Square Feet: Assessment:
Real Estate Taxes:
25’ x 76’irr
1,873 Square feet
R6A (3) with a C2-4 Overlay (2.0) Height Limit 70’ 5,619
$55,430 (24/25)
$5,966.48
Description: A 25’ wide block-through vacant lot which has 5,619 buildable square feet. The lot size makes the property a prime development opportunity.
A developer can build a seven story mixed-use apartment building, there
would be a store on the ground floor and six floor-through apartments
above. A seven story fourteen unit apartment building can also be built.
The property can have frontage on both Fulton Street and MacDougal
Street. The MacDougal side can also be used as a back yard for the
tenants. The site is located in an area with lots of foot traffic and strong
demand for new apartments and stores. The A & C trains is on the corner
of Ralph Avenue & Fulton Street.
The properties is also a great user opportunity, since the MacDougal side has a curb cut the lot can be used for parking or storage.
The property is located close to the A and C trains on Fulton Street & Ralph Avenue. This gives quick access to Downtown Brooklyn and the City. We have floor plans for luxury 6-8 family with two floors of retail space on Fulton Street. Plans expired and needs to be refiled.
The property is being sold subject to violations. The monitorial penalties are cut off during the foreclosure action. Title will omit them. However, the violations need to be cured. We will not pay to cure them. The buyer will be able to cure them as he is building. There may be costs to curing
violations and builders that have worked with the City are able to negotiate better prices. The HPD emergency violations that were transferred to Dept of Finance which is on the tax bill are not omitted and that will be paid by us at closing.
However, to pull permits, these violations need to be cured. Developers who have experience are able to negotiate better pricing with the City.
ID: 2555
NEW YORK PROPERTY
25’WIDE BLOCK-THROUGH VACANT LOT FOR SALE
EXCELLENT DEVELOPMENT/USER OPPORTUNITY
BROOKLYN, NEW YORK
Location Ralph Avenue area
Lot Size:
Lot Sq Ft.
Zoning: (FAR)
Total Buildable Square Feet: Assessment:
Real Estate Taxes:
25’ x 76’irr
1,873 Square feet
R6A (3) with a C2-4 Overlay (2.0) Height Limit 70’ 5,619
$55,430 (24/25)
$5,966.48
Description: A 25’ wide block-through vacant lot which has 5,619 buildable square feet. The lot size makes the property a prime development opportunity.
A developer can build a seven story mixed-use apartment building, there
would be a store on the ground floor and six floor-through apartments
above. A seven story fourteen unit apartment building can also be built.
The property can have frontage on both Fulton Street and MacDougal
Street. The MacDougal side can also be used as a back yard for the
tenants. The site is located in an area with lots of foot traffic and strong
demand for new apartments and stores. The A & C trains is on the corner
of Ralph Avenue & Fulton Street.
The properties is also a great user opportunity, since the MacDougal side has a curb cut the lot can be used for parking or storage.
The property is located close to the A and C trains on Fulton Street & Ralph Avenue. This gives quick access to Downtown Brooklyn and the City. We have floor plans for luxury 6-8 family with two floors of retail space on Fulton Street. Plans expired and needs to be refiled.
The property is being sold subject to violations. The monitorial penalties are cut off during the foreclosure action. Title will omit them. However, the violations need to be cured. We will not pay to cure them. The buyer will be able to cure them as he is building. There may be costs to curing
violations and builders that have worked with the City are able to negotiate better prices. The HPD emergency violations that were transferred to Dept of Finance which is on the tax bill are not omitted and that will be paid by us at closing.
However, to pull permits, these violations need to be cured. Developers who have experience are able to negotiate better pricing with the City.
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