659 Barbey Street
Land | 0.046 acres
Marketing description
A 20' wide vacant lot which has 3,000 buildable square feet. The lot size and location makes the property a prime development opportunity. A developer can build a four story apartment building, with two units per floor or one unit per floor. The zoning allows commercial on the first and second floors and apartments above or 100% residential.
The property is located on a nice residential block off Livonia Avenue and one block from the three train on Livonia Avenue & Warwick Street. The site is surrounded by new development and mostly private two and three family buildings.
A developer can build condo or rental apartments, both are in high demand in the East New York residential market.
Investment highlights
The lot size and location makes the property a prime development opportunity. A developer can build a four story apartment building, with two units per floor or one unit per floor. The zoning allows commercial on the first and second floors and apartments above or 100% residential.
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