341 Myrtle Ave, Brooklyn, NY 11213

• Zoning Opportunity - The development site is zoned R7A with a C2-4 commercial overlay, yielding approximately 9,652 square feet of as-of- right residential buildable area at a 4.0 FAR. Through the Unified Affordable Program (UAP) under City of Yes, the site unlocks up to approximately 12,089 square feet of residential ZFA at a 5.01 FAR. The UAP bonus can be satisfied either through on-site affordable units or through the purchase of Inclusionary Housing Certificates, offering a developer the flexibility to achieve maximum density without allocating on- site square footage to affordable programming.

The C2-4 commercial overlay permits ground-floor retail or office use at a 2.0 FAR, accommodating up to 4,826 square feet of commercial ZFA, providing an additional income- producing component to any ground-up development program.

• Vacant and Demo Delivery - 341 Myrtle Avenue presents a rare opportunity to acquire a fully cleared, vacant development site, with demolition already completed and no existing structure to contend with. This delivery condition eliminates the time and expense typically associated with demolition, resulting in meaningful cost savings and a streamlined path to construction commencement. A developer can move directly into foundation and construction work upon closing, significantly compressing the overall project timeline and accelerating the path to return on investment.
• Fort Greene & Clinton Hill - Fort Greene ranks among Brooklyn's most sought-after residential submarkets, with a strong condominium pipeline commanding some of the borough's highest per-square-foot pricing. Anchored by Fort Greene Park, a thriving retail corridor along Myrtle and DeKalb Avenues, and unmatched transit access, the area continues to attract end-users and developers with consistent absorption and sustained land value growth.