Development*Investment*Lot*Approved for 6 Story Bldg*Foundation*1st Fl - real estate - by broker - apartment real...

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VACANT LOT FOR SALE

WITH APPROVE PLANS FOR A 6-UNIT FOUR STORY BUILDING

PRIME DEVELOPMENT OPPORTUNITY

316 EAST 26TH STREET

BROOKLYN, NEW YORK

Location: West side of East 26th Street between Clarendon Road and Avenue D

Lot Size: 20' x 100'

Building Size: Approve Plans

Basement:---------20' x 52' = 1,040 Needs To Be Built

First Floor: ---___20' x 52' = 1,040 Needs To Be Built

Second Floor:----20' x 52' = 1,040 Needs To Be Built

Third Floor:----__20' x 52' = 1,040 Needs To Be Built

Fourth Floor:-----20' x 52' = 1,040 Needs To Be Built

Zoning: (FAR) R6 (2.43) Height Limit 70’

Buildable Square Ft: 4,860

Assessment: $39,311 (25/26)

Taxes: $4,889.92

A 20’ wide vacant with approve plans for a 6-unit four story building.

The foundation, basement and first floor is already built.

The upper floors need to be built.

The first floor will be a two-bedroom floor-through apartment.

The two-bedrooms are located to the back of the unit.

There will be a full bathroom along with a kitchenette, living/dining area.

The second floor will be a three-bedroom floor-through apartment.

One bedroom will be located to the front and the other two located to the back.

There will also be two full bathrooms and a living/dining area.

The third floor will have two one-bedroom apartments. They will be located to the

front and back of the building. The units will have a full bathroom, a kitchenette

and a living/dining area.

The fourth floor will have two one-bedroom apartments. They will be located to

the front and back of the building. The units will have a full bathroom, a kitchenette

and a living/dining area. Please contact me for approve plans.

The property is a prime development opportunity, because it’s being sold with approved

plans. Since the foundation is done and the original building has been taken down the

developer will be saving on hard costs.

The site is close to Rogers Avenue which has a lot of new developments.

Nostrand Avenue has all the fine retail stores and restaurants. The property is

four blocks from the 2 & 5 trains on Nostrand & NewKirk Avenues.

ASKING PRICE: $690,000

OR $141 PER BUILDABLE SQUARE FEET

Contact: 9 1 7 - 2 8 4 - 5 9 2 0