THE PROPERTY IS VACANT, NEEDS EXTENSIVE REPAIRS/RENOVATION AND IS BEING SOLD AS IS. FHA 203K RENOVATION LOAN ELIGIBLE, OPTIMAL FOR A CASH SALE. Opportunity knocks for savvy investors or experienced end-users in the rapidly-developing Weeksville section of Crown Heights! This diamond in the rough can be transformed into the belle of the ball. For the savvy investor, 81 Utica provides an opportunity to maximize its income potential by knocking down the existing structure and taking advantage of its R6 zoning & unused FAR, which has already been done by 85 Utica Avenue just a few doors down! For experienced end-users, such as architects, engineers and contractors, 81 Utica is your blank canvas with endless possibilities awaiting your personal touch. NEARBY (Approximates): Located 5 minutes (0.3 miles) from the Utica Avenue A & C train station and 12 minutes (0.6 miles) from the Utica Avenue 2, 3 & 4 train station. Both options are just 20 minutes to Lower Manhattan. Prospect Park, the Prospect Park Zoo, Barclay's Center, Atlantic Center Mall, the Brooklyn Museum, Brooklyn Botanic Garden, Whole Foods (Ashland Place) and the Apple Store are all just a 20-minute car ride away! PROPERTY DETAILS: Zoning: R6 FAR as Built: 1,440 sf Allowed Usable FAR: 3,239 sf Building Dimensions: 16 x 30 Lot Dimensions: 16 x 83 Property Tax: $1,522/year
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