322 & 324 Shepherd Avenue, East New York, NY, 11208 New York City NY US

USD 1,550,000
For Sale MLS: 3494092

Property Details

Bedrooms

8

Bathrooms

3

Neighborhood

East New York

Property Type

MultiFamily

Description

10,420 BSF Development Opportunity w/ HUGE UPSIDE! This package deal consisting of two adjacent buildings is located on a high foot traffic area, just steps from Atlantic Ave, 2 blocks from Shepherd Ave A, C and Norwood Ave J, Z train stations. Near all shopping and restaurants on Pitkin Ave, Fulton St and Atlantic Ave. Perfect opportunity for developers to capitalize in this fast-growing neighborhood. Total residential buildable square footage for both lots is 10,420. With quality housing, 11,000 BSF is allowed. Lots: 51.66 x 100.83 Zoning: R6B Potential to be delivered vacant. Buildings can also be purchased separately. 322 Shepherd Ave (1 Family) Bdg: 20.83 x 25.83 Lot: 25.83 x 100.83 Zoning: R6B FAR: 0.49; MAX FAR: 2 Taxes: $2,757/Yr 324 Shepherd Ave (2 Family) Bdg: 16.5 x 32.83 ft Lot: 25.83 x 100.83 ft Zoning: R6B FAR: 0.64; MAX FAR: 2 Taxes: $1,695/Yr Zoning Analysis Available Upon Request. Great Development Opportunity! *Disclaimer: All Information provided is deemed reliable but is not guaranteed and should be independently verified. Find out more about this property. Request details here

Location

Address

Shepherd Avenue, Brooklyn, New York 11208, United States

City

New York

Legal Notice

This website uses cookies to ensure you get the best experience. Learn more