Mixed use property ready for gut renovations and approved plans 60 Lott Avenue, Brooklyn NY 11212

Property Detail

Type Status Location Sub Location Price $549,000 Area (sf)1632Bedrooms2Bathrooms2Year Built1930NeighborhoodBrownsville

Property Description

This mixed use property ready for gut renovations sits on 15 X 100 lot and has a bonus perpendicular parcel of 10 ft wide X 25 ft deep with a curb cut entrance/exit on Amboy street .The total lot square feet with the smaller parcel is 1750 and the FAR for residential is 2.43 and for community facility 4.8. The existing building square feet is 1634 and it comprises of 1 retail space plus cellar and 1 apartment. The FAR as built is 1.02 and the zoning is R6. With a buildable square feet of 4,252 for residential and 8,400 for community facility, this property offers a great opportunity for development. Seller is in process of submitting plans for 2 large residentials units ( two 3br / 2 baths apartments ) and 1 commercial unit.
Only a few short block to Brookdale Hospital, a few minutes to the 3 subway lines, and situated in the quiet residential area of Brownsville where there is an astonishing amount revitalization and new development. The Annual taxes are $2,273
Asking price as is; $549,000 and with approved plans $599,000

 

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