412 55th, Brooklyn, NY 11220

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List Price
$2,700,000
Days on Market
6
MLS#
1063205
Status
ACTIVE
Property Tax
$6,000
School District
Brooklyn 13
High School
Bedford Academy High School
Jr. High
Dock Street School For Steam Studies
Elementary School
Academy Of Arts And Letters

Property Description

Rare development opportunity in Sunset Park, Brooklyn! Located off 4th Avenue, 412 55th Street features approximately 2,766 SF of irregular land with an existing front garage and former assembly/community space toward the rear. Zoned R7A/C2-4 with a 4.0 residential FAR, yielding approximately 11,064 SF of theoretical residential zoning floor area. Offers tremendous redevelopment potential for residential condominiums, multi-family rental, mixed-use, retail, medical/professional offices, or community facility use. The front garage provides an opportunity for integrated private parking. Preliminary architectural concepts propose an 18-unit residential condo development with 1 retail space and 1 community facility space. Conveniently located near public transportation and commercial corridors. Package deal option: available individually or together with adjoining site at 404 55th Street!

Additional Information

Acres
0.06
Sewer
Public Sewer

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Listing courtesy of Listing Agent: Zaiyou Zhu (joe@remaxedgeny.com) from Listing Office: RE/MAX Edge.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.