Overview

Presenting an exceptional opportunity for developers and investors! This prime lot which is located in a highly desirable area in Brooklyn, offers unparalleled potential. Currently zoned for commercial use, the property is in the process of being rezoned to residential, making it a versatile investment perfect for a variety of development projects. The current zoning allows some commercial, manufacturing, and community facility uses. The proposed rezoning is R7D/M1-4 which will allow residential uses in addition to commercial, manufacturing, and community facility uses. The maximum zoning floor area would be 5.6 times the lot size. Zoning floor area is exclusive of cellar area and any floor area deduction.