Crown Heights Development Site - 7,026 BSF - 485-x

This property, located at 1325 St. Marks Avenue, in Crown Heights, offers a prime boutique development opportunity. The site spans 3,194 Sq. Ft. with lot dimensions of 25' x 127.75' on a midblock lot. Zoned R6, it permits the construction of a residential building up to 7,026 Sq. Ft. Currently there is an 1,880 Sq. Ft. residential building on the premises consisting of (2) (3) bedrooms/(1) bathroom units to be delivered vacant. Situated just 0.5 miles from the Ralph Ave/Fulton St Subway Station, providing access to the A and C subway lines, the property boasts convenience. Noteworthy attributes of the property include the low annual taxes of $2,547, and the ability to utilize 485x effectively. Crown Heights, the area in which the property is located, presents itself as an attractive sub-market for investment.