Development Potential: Falling within R6 zoning on a narrow street, the site supports 8,800 buildable SF as of right (ZFA) or 15,600 buildable SF if utilizing City of Yes (UAP)
Community Facility: City zoning allows for an FAR bonus maxing development potential at 19,200 (4.80 FAR) for community facility development (uses including but not limited to educational, medical, cultural, special care, etc)
Favorable Lot Dimensions: 40’ x 100’ offers developers the opportunity to maximize maximum light and air for efficient apartment layouts
Delivered Vacant: Property will be delivered 100% vacant, offering a blank slate for development
Public Transportation Access: Just blocks from the 2 & 5 train lines at Newkirk Avenue stop, offering direct access to Grand Army Plaza and Downtown Brooklyn within 20 minutes, and lower Manhattan within 25 minutes
Proximity to Market Center: Brooklyn College and endless retail and dining options are within blocks from the property along Flatbush Avenue