Rare development opportunity in Sunset Park, Brooklyn! Located off 4th Avenue, 412 55th Street features approximately 2,766 SF of irregular land with an existing front garage and former assembly/community space toward the rear. Zoned R7A/C2-4 with a 4.0 residential FAR, yielding approximately 11,064 SF of theoretical residential zoning floor area. Offers tremendous redevelopment potential for residential condominiums, multi-family rental, mixed-use, retail, medical/professional offices, or community facility use. The front garage provides an opportunity for integrated private parking. Preliminary architectural concepts propose an 18-unit residential condo development with 1 retail space and 1 community facility space. Conveniently located near public transportation and commercial corridors. Package deal option: available individually or together with adjoining site at 404 55th Street!
Estimated Payment
$ 14,940.17 per month $13,652.67 Principal & Interest $500.00 Property Tax $787.50 Homeowner's InsuranceListing By
Agency Name: RE/MAX Edge
Agency Contact: 718-288-3835
Shown By
Agency Title: Coldwell Banker American Homes
Agency Phone: 866-831-4443
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412 55th | MLS# 1063205
This land located at 412 55th, Brooklyn, NY 11220 is currently listed for sale with an asking price of $2,700,000. The property has approximately 0.06 Acres. 55th is located within the Brooklyn 13 school district. Search Brooklyn real estate on www.cbamhomes.com today.