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Land For Sale • 0.2 AC
Development opportunity located in in the Ocean Hill neighborhood of Brooklyn. The site consists of 22,305 buildable square feet. a qualified residential site with a 2.5 FAR. Parking is now waived under the new City of Yes program. The price per buildable square foot for this property is $134.49. This property is situated within an R5 residential zoning district with a C2-3 commercial overlay. This zoning allows for medium density residential development including detached, semi-detached, and multi-family homes, with a maximum Floor Area Ratio (FAR) of 1.25.
| Corner development opportunity in the Ocean Hill neighborhood of Brooklyn |
| Property is a qualified residential site with a 2.5 FAR and has a total of 22,305 buildable square feet |
| Parking is now waived under the new City of Yes program |
| Zoned R5, C2-3, allowing for residential or mixed-use development. |
| Conveniently situated near the Rockaway Ave [A, C] Subway Station, offering excellent accessibility. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| East New York Station (Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) | 1 min | 9 min | 0.5 mi |
| Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) | 7 min | - | 2.4 mi |
| Transit/Subway | Drive | Walk | Distance |
| Rockaway Avenue (A,C Line) (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway)) | 1 min | 4 min | 0.2 mi |
| Broadway Junction (8 Avenue Express - MTA New York City Transit, 8 Avenue Local - MTA New York City Transit, Nassau St Express - MTA New York City Transit, Nassau St Local - MTA New York City Transit) | 1 min | 8 min | 0.4 mi |
| Atlantic Avenue (L Line) (L - New York MTA Subway (The Subway)) | 2 min | 9 min | 0.5 mi |
| Chauncey Street (J - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway)) | 1 min | 10 min | 0.5 mi |
| Broadway Junction (East New York) (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway), J - New York MTA Subway (The Subway), L - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway)) | 2 min | 11 min | 0.6 mi |
| Airport | Drive | Walk | Distance |
| LaGuardia | 20 min | - | 8.7 mi |
| John F Kennedy International | 17 min | - | 9.0 mi |
| Newark Liberty International | 35 min | - | 18.1 mi |
Sadya Liberow
Asset CRG Advisors LLC
Sadya Liberow
Asset CRG Advisors LLC
