1960 Stillwell Avenue, Brooklyn, NY 11223

$1,598,000

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List Price
$1,598,000
Status
ACTIVE
MLS#
1045979
Days on Market
8
Acres
0.28
County
Brooklyn
City Orig
Brooklyn
Neighborhood
Brooklyn
Lot Size
12350

Property Description

Rare Bensonhurst Development Opportunity. Exceptional opportunity to acquire two adjoining two-family properties being sold together as a development assemblage in the heart of Bensonhurst, Brooklyn. The combined parcels offer approximately 8,700 square feet of land and are situated in an R5 zoning district. Of particular importance to developers, the assemblage is located within a Qualifying Residential Site (QRS) area, creating the potential for enhanced residential development opportunities under current NYC zoning regulations. The existing two-family homes provide potential income while a purchaser develops plans and pursues approvals. With substantial combined lot area, established residential surroundings, and convenient access to shopping, transportation and neighborhood amenities, this offering presents an excellent opportunity for a developer, builder, investor or 1031 exchange purchaser. All zoning, QRS eligibility, FAR, buildable square footage, unit count and development potential should be independently verified by the purchaser and their architect.

Additional Information

Sewer
Public Sewer
Elementary School
Ps 97 Highlawn
Middle School
Is 228 David A Boody
High School
High School Of Sports Management
School District
Brooklyn 21
Sq Ft
12350
Taxes
$11,900

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Listing courtesy of Listing Agent: Ron Molcho (RMolcho@americanhomesgroup.com) from Listing Office: American Homes Group.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.