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$ 1,598,000
Est. payment /mo
New
1960 Stillwell AVE Brooklyn, NY 11223
6,175 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Square Footage 6,175 sqft
Price per Sqft $258
MLS Listing ID 2605095
Annual Tax Amount $12,770
Lot Size 6,175 Sqft
Acres 0.14
Lot Dimensions 130x95
Property Sub-Type Residential
Source Staten Island Multiple Listing Service
Property Description
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.
Location
State NY
County Kings
Area Bensonhurst
Zoning R5
Building
Sewer Public Sewer
Others
Tax ID 06857-0007
Listed ByAmerican Homes Group
