Report Listing

Residential Land For Sale

Picture of Residential Land For Sale in Brooklyn, New York, United States

$43,500,000

528 Park Ave
Brooklyn, New York, United States

Listed By: Realtyww Info

Listed On: 07/17/2024

Listing ID: GL11921798 View More Details

Description

Presenting an exceptional opportunity for developers and investors! This prime lot which is located in a highly desirable area in Brooklyn, offers unparalleled potential. Currently zoned for commercial use, the property is in the process of being rezoned to residential, making it a versatile investment perfect for a variety of development projects. The current zoning allows some commercial, manufacturing, and community facility uses. The proposed rezoning is R7D/M1-4 which will allow residential uses in addition to commercial, manufacturing, and community facility uses. The maximum zoning floor area would be 5.6 times the lot size. Zoning floor area is exclusive of cellar area and any floor area deduction.

For more details:

Listed by: Lonna Ralbag
Source: The World Property Journal

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