1960 Stillwell Avenue, Brooklyn, NY 11223
- $1,598,000
- List Price
- $1,598,000
- Days on Market
- 8
- MLS#
- 1045979
- Status
- ACTIVE
- Property Tax
- $11,900
- Neighborhood
- Brooklyn
- School District
- Brooklyn 21
- High School
- High School Of Sports Management
- Jr. High
- Is 228 David A Boody
- Elementary School
- Ps 97 Highlawn
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.
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Additional Information
- Acres
- 0.28
- Sewer
- Public Sewer
Mortgage Calculator
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.