McLellan Realty
Listed by McLellan Realty
$750,000
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,619
Units 14
Stories 7
Lot Size (SqFt) 1,873
Zoning (FAR) R6A (3) with a C2-4 Overlay (2.0) Height Limit 70’
Multifamily | 14 Units
Marketing 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.
Listing Contacts
McLellan Realty
Listed by McLellan Realty
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