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30063681

817 Avenue H, NY, NY 11230

BK
NY NY 10301211305
BKREA
BE
NY NY 10301215481
JT
10401385635
BKREA
Listed by BKREA
$8,400,000
101 days on market
Updated 101 days ago

817 Avenue H Development Opportunity

Details
Property Type Land
Sub Type Development Opportunity
Lot Size (SqFt) 12,000
Zoning R7A/C2-4

817 Avenue H Development Opportunity

Marketing description

BKREA has been exclusively retained to arrange the sale of 817 Avenue H (“The Site”). Represents a prime residential development opportunity in Brooklyn’s Midwood neighborhood.

Location Details

  • Situated on the southeast corner of Avenue H and East 9th Street.

  • Positioned at the intersection of Midwood and Flatbush, two of Brooklyn’s most established and demand-driven residential communities.

  • Prominent corner frontage offering strong visibility and neighborhood presence.

Existing Improvements

  • Lot Size: 12,000 square feet.

  • Currently improved with an approximately 9,762 square foot building.

  • Occupied by the Agudist Council of Greater New York.

Zoning & Development Potential

  • Recently rezoned to R7A/C2-4.

Permitted:

  • Residential FAR: 5.01

  • Commercial FAR: 2.0

  • Allows for approximately 60,120 square feet of maximum as-of-right residential ZFA.

Property is subject to Mandatory Inclusionary Housing (MIH) requirements.

  • Requires a designated percentage of residential floor area to be set aside as permanently affordable housing under the applicable MIH option.

Opportunity Highlights

  • Prime corner development site in a strong residential corridor.

  • Significant as-of-right residential buildable area.

  • Recently rezoned asset with enhanced density.

  • Long-term value supported by strong neighborhood fundamentals.

  • Ideal opportunity for developers seeking scale in a well-established Brooklyn submarket.

Listing Contacts

BK
NY NY 10301211305
BKREA
BE
NY NY 10301215481
JT
10401385635
BKREA
Listed by BKREA

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Additional Information

Name
Bob Knakal
License
NY 10301211305
Brokerage Phone
(917) 509-9501
Name
Baruch Edelkopf
License
NY 10301215481
Brokerage
BKREA
Brokerage Phone
6469192446
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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