2
See all 2 photos
$2,580,000
Est. payment /mo
1,890 Sqft Lot
New
603 Myrtle AVE Brooklyn, NY 11205
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1071406
Rental Info No
Annual Tax Amount $7,224
Lot Size 1,890 Sqft
Acres 0.0434
Source onekey2
Property Description
Rectangular interior development site located along the Myrtle Avenue commercial corridor in Bedford-Stuyvesant, Brooklyn. The property comprises approximately 1,896 SF of land, with approximately 20 feet of frontage and 92 feet of depth, currently improved by a single-story retail building of approximately 800 SF.
Located in an R7A zoning district with a C2-4 commercial overlay, the property presents an opportunity for potential mixed-use redevelopment, subject to applicable zoning regulations and required approvals. Preliminary zoning calculations indicate approximately 7,584 SF of standard residential zoning floor area (4.00 FAR), with potential for up to approximately 9,499 SF (5.01 FAR) for qualifying affordable housing development, subject to applicable eligibility requirements and restrictions.
Featuring direct Myrtle Avenue frontage and convenient access to neighborhood retail, restaurants, Pratt Institute, and public transportation, this property offers an attractive development opportunity for investors and developers seeking a presence in a well-established Brooklyn commercial corridor.
Located in an R7A zoning district with a C2-4 commercial overlay, the property presents an opportunity for potential mixed-use redevelopment, subject to applicable zoning regulations and required approvals. Preliminary zoning calculations indicate approximately 7,584 SF of standard residential zoning floor area (4.00 FAR), with potential for up to approximately 9,499 SF (5.01 FAR) for qualifying affordable housing development, subject to applicable eligibility requirements and restrictions.
Featuring direct Myrtle Avenue frontage and convenient access to neighborhood retail, restaurants, Pratt Institute, and public transportation, this property offers an attractive development opportunity for investors and developers seeking a presence in a well-established Brooklyn commercial corridor.
Location
State NY
County Kings (brooklyn)
Interior
Fireplace No
Building
Sewer Public Sewer
Schools
Elementary Schools Ps/Is 157 Benjamin Franklin
Middle Schools Brooklyn Prep High School
High Schools Brooklyn 14
School District Brooklyn 14
Others
Senior Community No
Special Listing Condition None
Listed by P R O Links Realty Inc • Siang Liu
NEARBY SCHOOL & BUSINESS
Kevin Smith
Licensed Real Estate Associate Broker License ID: 10301223551
+1(845) 250-3438 | kev.smith@exprealty.com