Type:
Development
BSF:
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187-189 ROCKAWAY AVENUE & 2258 ATLANTIC AVENUE
Ocean Hill, Brooklyn
$3,000,000
Property Description
Investment Property Realty Group (IPRG) has been exclusively retained to sell 2258 Atlantic Avenue & 187-189 Rockaway Avenue (Rockaway Ave Assemblage). The development opportunity is on the corner of Atlantic Ave & Rockaway Avenue in the Ocean Hill section of Brooklyn.
The assemblage offers 4 contiguous lots with 83 ft of frontage along Atlantic Avenue and 70 ft along Rockaway Avenue. The combined lot dimensions are 83 ft x 70 ft totaling 5,810 SF approximately and is zoned R6 (3.0 wide street). Offering 17,430 square feet as of right with a 3.9 UAP bonus bringing the allowable buildable square feet to 22,659 square feet.
The property is located within walking distance (0.2 miles) to the Rockaway Avenue C train station. It is also conveniently located in short walking distance (0.6 mi) to Broadway junction allowing for transportation all over NYC.
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Block & Lot:
01435-7, 06, 05, 04
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Neighborhood:
Ocean Hill
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Cross Streets:
Corner of Atlantic Avenue
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Lot Dimensions:
83 ft x 70 ft
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Total Approx. BSF:
17,430
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Zoning:
R6
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FAR:
3.0/3.9
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Tax Class:
4
