115 Sutter Avenue
115 Sutter Avenue
115 Sutter Avenue
115 Sutter Avenue
115 Sutter Avenue
115 Sutter Avenue
115 Sutter Avenue
115 Sutter Avenue
115 Sutter Avenue
115 Sutter Avenue
115 Sutter Avenue
115 Sutter Avenue
115 Sutter Avenue
115 Sutter Avenue
115 Sutter Avenue
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Sold

115 Sutter Avenue

115 Sutter Avenue, Brooklyn, NY 11212

$800,000

Residential Development Opportunity!

Prime development opportunity for investors looking to tap into the Brownsville market. The 4,256 Sq Ft lot allows for an approximate buildable sq ft of 10,342 Sq Ft. A single-family residence sits on the site at the moment, which will be delivered vacant upon closing.

The enlarged lot size of 28 x 152 is a great opportunity to build an approximate 6-story building with 10+ residential units. Zoning for the property is R6, C1-3, with a FAR of 2.43 and 4.8 for community facilities. Additionally, the property is situated in an investment opportunity zone (OPZ), offering potential benefits.

This potential development is conveniently located near restaurants, schools, and parks and between Saratoga Ave and Sutter Ave-Rutland Rd subway stations(3 train). You'll find new developments planned along the changing corridor.

Please check with your architect to verify zoning requirements.

Zoning: R6, C1-3

FAR: 2.43

LOT SQFT: 4,256

2
beds

1
bath

1,116 Sq.Ft. LIVING AREA

Darrell Williams

Darrell Williams

Features & Amenities

Interior

  • total bedrooms2
  • Total bathroom1
  • full bathroom1
  • Laundry room See Remarks
  • Flooring Hardwood
  • other interior Features Breakfast Bar

Area & Lot

  • Status Sold
  • Living Area1,116 Sq.Ft.
  • MLS® IDCOMP-1518283874080048737
  • TypeTownhouse
  • YEAR BUILT1986

Exterior

  • STORIES2
  • parkingPrivate

Financial

  • Sales Price$800,000
  • Real Estate Tax $4,128/yr

Work With Darrell

Darrell Williams works in Manhattan, Brooklyn, Queens, and the Bronx. His expertise includes new development sales/leasing projects, investment sales, and 1st time home buyers. Whether you're purchasing or selling, he'll keep you feeling comfortable and confident from start to end.

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