$2,700,000
412 55th St
Brooklyn, NY 11220
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Listing narrative
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!
Property Details
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Price
$2,700,000
Beds
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Type
Land
Home Size
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Lot Size
1.00 acres
Year
Year n/a
Status
New
Days on Market
5
Courtesy of RE/MAX Edge





