1259 St Marks Avenue, Brooklyn, NY 11213

50' Wide Land For Residential Development

This property, located at 1259 St. Marks Avenue, in Crown Heights, offers a prime development opportunity. The site spans 6,584 Sq. Ft. with lot dimensions of 50' x 127.75' on a midblock lot. Zoned R6, it permits the construction of a residential building up to 14,486 Sq. Ft. Currently, there is a vacant 2,400 Sq. Ft. residential building on the premises. Situated just 0.5 miles from the Utica Avenue/Fulton Street Subway Station, providing access to the A and C subway lines, the property boasts convenience. Noteworthy attributes include its large lot size, facilitating efficient floorplates and ample light and air, as well as low annual taxes of $2,741. Crown Heights, the area in which the property is located, presents itself as an attractive sub-market for investment.