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32 Bushwick Ave., Brooklyn, NY 11211

$3,500,000
Active Listing
Listing Details:
$3,500,000 Price
Multi-Family Townhouse Property Type
Williamsburg Neighborhood
5 Beds
3 Baths
2,931 Approx. Sq. Ft.
$408 RET
Key Features:
Prewar
Allows Pets
Unit Garden
Description:

Introducing 32 Bushwick Avenue-Prime Williamsburg Development Site

Currently consisting of a 2,931 sqft 3 family house with full basement that can easily be renovated and left as an income producing property, this site offers a multitude of options for investors looking to capitalize on the once again booming Williamsburg real estate market.

The R7A residential zoning of 32 Bushwick Ave provides for a considerable amount of buildable square footage, with or without the additional purchase of IH certificates to build to the bonus IH FAR.

In the heart of old-school Williamsburg this site is ideally located in the middle of the Graham & Grand L stops surrounded by all the best neighborhood restaurants, cafes, grocery stores, bars, etc. You cannot beat this location.

Full development potential info:

As of Right Buildable SqFt=7,714.2 (IH 3.45 FAR)

As of Right Buildable SqFt With Purchase of IH Certificates=10,285.6 (4.6 IH Bonus FAR)

25.75 x 92.5 (Slightly Irregular Lot)

2,236 Lot SqFt

Full Zoning Analysis Coming Soon

Reach out with any questions or to receive the offering memorandum or zoning analysis once available.

Listing courtesy of Compass

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