485x Crown Heights Development Site

This property, located at 1325 St. Marks Avenue, in Crown Heights, offers a prime boutique development opportunity. The site spans 3,194 Sq. Ft. with lot dimensions of 25' x 127.75' on a midblock lot. Zoned R6, it permits the construction of a residential building up to 7,026 Sq. Ft. Currently there is an 1,880 Sq. Ft. residential building on the premises, which will be delivered vacant. Situated just 0.5 miles from the Ralph Ave/Fulton St Subway Station, providing access to the A and C subway lines, the property boasts convenience. Noteworthy attributes of the property include the low annual taxes of $2,547, and the ability to utilize 485x effectively. Crown Heights, the area in which the property is located, presents itself as an attractive sub-market for investment.