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.