Rectangular interior development site located along the Myrtle Avenue commercial corridor in Bedford-Stuyvesant, Brooklyn. The property comprises approximately 1,896 SF of land, with approximately 20 feet of frontage and 92 feet of depth, currently improved by a single-story retail building of approximately 800 SF.Located in an R7A zoning district with a C2-4 commercial overlay, the property presents an opportunity for potential mixed-use redevelopment, subject to applicable zoning regulations and required approvals. Preliminary zoning calculations indicate approximately 7,584 SF of standard residential zoning floor area (4.00 FAR), with potential for up to approximately 9,499 SF (5.01 FAR) for qualifying affordable housing development, subject to applicable eligibility requirements and restrictions.Featuring direct Myrtle Avenue frontage and convenient access to neighborhood retail, restaurants, Pratt Institute, and public transportation, this property offers an attractive development opportunity for investors and developers seeking a presence in a well-established Brooklyn commercial corridor.
Estimated Payment
$ 14,400.38 per month $13,045.88 Principal & Interest $602.00 Property Tax $752.50 Homeowner's InsuranceListing By
Agency Name: P R O Links Realty Inc
Agency Contact: 718-487-9992
Shown By
Agent Name: Daniel Murphy
Agent Phone: Cell: (516) 361-1680
Agency Title: Coldwell Banker American Homes
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603 Myrtle Avenue | MLS# 1071406
This land located at 603 Myrtle Avenue , Brooklyn, NY 11205 is currently listed for sale with an asking price of $2,580,000. The property has approximately 0.04 Acres. Myrtle Avenue is located within the Brooklyn 14 school district. Search Brooklyn real estate on danielmurphy.cbamhomes.com today.