182 New York Avenue

Partial Vacancy: Three of the nine units will be delivered vacant, presenting opportunity for owner occupancy or repositioning.
Stunning Architecture: The subject property is well positioned among highly sought-after brownstone-style building stock that exemplifies Brooklyn charm.
Corner Exposure: The building has windows on three sides, providing ample light and air throughout, allowing for efficient apartment layouts.
Owner-User Opportunity: The building, neighborhood and architecture all lend well to a hybrid owner/user/investor, living in one or more of the units and renting out the rest.
Available Air Rights: R6 zoning allows for an as-of-right FAR of 2.20, resulting in 2,300+ SF of unused development rights for upward or outward expansion. (9,350 unused buildable SF if utilizing UAP)
Protected Tax Class: 2B Tax Class limits tax increase to no more than 8% a year or 30% over 5 years.
Excellent Location: The property is just blocks from retail along Nostrand, Bedford, and Franklin Avenues, as well as Prospect Park and Grand Army Plaza.
Transportation Accessibility: Within blocks of the 2, 3, 4, 5, S, A, C trains as well as the Nostrand Avenue LIRR station, providing access throughout NYC and Long Island.

Navigation Menu