Five one-bedroom apartmentsLarge rear yardOne studio apartmentThree-story brick building
PRIME BEDFORD STUYVESANT BRICK BUILDING • REDEVELOPMENT DEAL ZONED R6A• DELIVERED WITH 4 UNITS VACANT
Mixed-use three-unit building
Currently configured as six residential units with front and rear apartments
Legal use consists of two residential units and one commercial space
Potential conversion to a legal four-unit building with ground-floor retail
R6A, C2-4 zoning
1.41 FAR currently utilized
Approx. 2,767 SF of additional buildable area available
Potential redevelopment opportunity for up to nine residential units utilizing available air rights (subject to architect review and approvals)
Potential mix of seven free-market apartments and two inclusionary housing units
Buyers should conduct their own due diligence regarding legal use, configuration, zoning, and future development potential
Delivered with 4 of 6 residential units vacant
Remaining occupied units are month-to-month
Five one-bedroom apartments and one studio apartment
Large rear yard
Approx. 2,451 SF existing building
Building dimensions: 20.42' x 40'
Lot dimensions: 20.42' x 85'
Lot size: 1,740 SF
Three-story brick building
Prime Bed-Stuy location
Close to Myrtle Avenue retail corridor
Convenient access to the J, M & Z trains
Excellent owner-user, value-add, or redevelopment opportunity
Landlord currently pays all utilities
Significant free-market upside with approximately 2,767 SF of unused development rights
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