New York, NY 11221

Property

Ownership: For Sale
Type: Duplex
Bedrooms: Studio
Lot Size: 0.0 Acres

Financials

Price:$899,999
Annual Taxes:$4,869.08
578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Keller Williams Realty NYC Grp

Vacant mixed use investment and potential development opportunity on the Broadway corridor in Brooklyn, surrounded by active neighborhood retail, residential uses, and convenient transit access.

Description

Vacant mixed-use investment and potential development opportunity on the Broadway corridor in Brooklyn, surrounded by active neighborhood retail, residential uses, and convenient transit access. Property is being sold strictly as-is, including condition and any existing DOB/ECB violations. Public information indicates C4-4L zoning on an approximately 2,614 SF lot. Preliminary FAR-based estimate suggests approx. 10,456 buildable SF at 4.0 FAR, with possible upside to approx. 12,024 SF if an affordable housing / Inclusionary Housing bonus floor area were available and approved. All figures are preliminary estimates for marketing purposes only and have not been confirmed by an architect, zoning consultant, or expeditor. Buyer must independently verify all zoning, FAR, buildable SF, use, occupancy, violations, and development potential.

Amenities

  • Other

Long Island MLS

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.