BKREA
Listed by BKREA
$8,400,000
817 Avenue H Development Opportunity
Details
APN 6496-39
Property Type Land
Sub Type Commercial, Residential
Square Footage 9,762
Brand/Tenant Agudist Council of Greater New York
Price per SqFt $860
Lot Size (SqFt) 12,000
Zoning R7A/C2-4
Investment Type Redevelopment
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.
Investment highlights
- Flexible Zoning Opportunity - The R7A/C2-4 zoning allows for multiple development strategies, including residential rental, condominium, or mixed-use with ground-floor retail. With 5.01 residential FAR and 2.0 commercial FAR, the site offers flexibility to tailor the project to market demand while leveraging MIH and available tax incentive programs.
- Established Residential Neighborhood - Located at the crossroads of Midwood and Flatbush, the property is within a well-established, predominantly residential neighborhood known for strong housing demand, community institutions, and convenient access to transit and local retail corridors.
- Transit-Accessible Location - The property is conveniently located near the F, Q, and B subway lines, providing direct access to Downtown Brooklyn and Manhattan and enhancing its appeal to both renters and end-users seeking strong transit connectivity.
- Prominent Corner Location - Positioned on the southeast corner of Avenue H and East 9th Street, the property offers valuable corner frontage, enhanced visibility, superior light and air, and strong retail exposure potential.
- Key Sale Condition - Developer must deliver 5,500 SF of ground-floor community facility space to the Seller's nonprofit organization upon project completion. Prospective purchasers should outline their proposed structure for delivering this space within their letter of intent.
Listing Contacts
BKREA
Listed by BKREA
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Zoning
R5 ResidentialTwo FamilyGeneral Residence
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View all 99 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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