Rare Bensonhurst Development Opportunity. Exceptional opportunity to acquire two adjoining two-family properties being sold together as a development assemblage in the heart of Bensonhurst, Brooklyn. The combined parcels offer approximately 8,700 square feet of land and are situated in an R5 zoning district. Of particular importance to developers, the assemblage is located within a Qualifying Residential Site (QRS) area, creating the potential for enhanced residential development opportunities under current NYC zoning regulations. The existing two-family homes provide potential income while a purchaser develops plans and pursues approvals. With substantial combined lot area, established residential surroundings, and convenient access to shopping, transportation and neighborhood amenities, this offering presents an excellent opportunity for a developer, builder, investor or 1031 exchange purchaser. All zoning, QRS eligibility, FAR, buildable square footage, unit count and development potential should be independently verified by the purchaser and their architect.
- Sewer:
- Public Sewer
- City:
- NY
- State:
- NY
- Street:
- Stillwell
- Street Number:
- 1960
- Street Suffix:
- Avenue
- Postal Code:
- 11223
- Floor Number:
- 0
- Longitude:
- W74° 0' 50.8''
- Latitude:
- N40° 35' 55.2''
- PostalCity:
- Brooklyn
- Elementary School:
- Ps 97 Highlawn
- High School:
- High School Of Sports Management
- Agent MlsId:
- 347113
- MiddleOrJunior School:
- Is 228 David A Boody
- PhotosCount:
- 26
- Special Listing Conditions:
- No
- Tax Annual Amount:
- $11,901
- Office MlsId:
- AMRHME
- Zoning:
- R5
Land - MLS# 1045979
1960 Stillwell Avenue, New York, NY
- Property Type :
- Land
- Property SubType :
- Condominium
- Listing Type :
- For Rent
- Listing ID :
- 1045979
- Price :
- $1,598,000
- Bathrooms Total :
- 0
- Lot Area :
- 0.28 Acre
- Status :
- Active
- Listing Agent :
- Ron Molcho
- Listing Office :
- American Homes Group
