651 E 3rd St, Brooklyn, New York, 11218

651 E 3rd St
Brooklyn NY 11218

EXCLUSIVE
Cross street:Ditmas

Property

Ownership: Multi-Family
Type: Development Site
Pets: Pets Allowed
Area: 1400 sq ft
Lot Size: 12276 sq ft

Financials

Price: $1,800,000
Annual Taxes: $7,369

Mortgage Calculator

Thomas Jordan
Licensed Real Estate Salesperson
Paul Cibrano
Assistant Vice President | Licensed Real Estate Salesperson
Phone:
Justin Mezzatesta
Licensed Real Estate Salesperson
Phone:
Mobile: +16319654894
Stephanie Ruiz
Licensed Real Estate Salesperson
Phone:
594 Broadway, New York, NY 10012, USA
Fax:

Description

Welcome to your future boutique condo development! Save yourself the headache of the current DOB delays that are hindering ground-up development as plans are already approved!

651 East 3rd comes with APPROVED plans for an 8 unit condominium in place. This lot measures 40.97' x 100', and features a favorable R6A zoning with maximum allowable residential FAR of 3. The area is up and coming with similar new development condos fetching upwards of $900/sqft during sellout. Current configuration is three family house fully leased out generating an approximate gross income of $98,500.

Located in the heart of Kensington, Brooklyn conveniently positioned two blocks away from the Ditmas Avenue F Train station. Close proximity to a multitude of shops, restaurants and transportation.

Brochure of setup along with approved plans can be provided upon request.

Amenities

  • Investment Property

Neighborhood

More listings:

PRIME Brooklyn Development Site w/ Approved Plans in Place!

Description

Welcome to your future boutique condo development! Save yourself the headache of the current DOB delays that are hindering ground-up development as plans are already approved!

651 East 3rd comes with APPROVED plans for an 8 unit condominium in place. This lot measures 40.97' x 100', and features a favorable R6A zoning with maximum allowable residential FAR of 3. The area is up and coming with similar new development condos fetching upwards of $900/sqft during sellout. Current configuration is three family house fully leased out generating an approximate gross income of $98,500.

Located in the heart of Kensington, Brooklyn conveniently positioned two blocks away from the Ditmas Avenue F Train station. Close proximity to a multitude of shops, restaurants and transportation.

Brochure of setup along with approved plans can be provided upon request.

Amenities

  • Investment Property

Neighborhood

More listings:

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.