MIDBROOK EXCLUSIVE** !!DEVELOPMENT SITE FOR SALE IN PRIME FLATBUSH!! 40x100 LOT!! The property is a 4000 square foot parcel of land with a 2 unit house, zoned R6 in the rapidly emerging Flatbush neighborhood. The site offers an as-of-right FAR of 2.43, allowing for 9,720 buildable square feet. The neighborhood currently has a shortage of new construction apartment units, while the demand for new housing in the southern section of Prospect Park has continued to rise. Rents at new buildings in the vicinity have reached over $50/SF. Dimensions: 40 × 100 Lot Sq Ft: 4000 FAR as built: .5 Usable Floor Area/Residential Sq Ft: 1,880 Max FAR: 2.43 Maximum Usable Floor Area: 9,720 Zoning: R6 Residential FAR: 2.43 Facility FAR: 4.8 Annual Property Taxes: $5800 Will be delivered vacant! Do not disturb tenants!
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