275 Howard Avenue, Brooklyn, NY

$3,250,000

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8,960

Square feet

About 275 Howard Avenue

Prime Development Opportunity in Bedford-Stuyvesant, Brooklyn Location: - Intersection of Howard Avenue and Fulton Street - Strategically positioned corner property with immense growth and development potential Zoning: - Exceptional R7D zoning with C2-4 commercial overlay - Allows for nearly 17,000 buildable square feet **** Building Dimensions: - 20 feet by 48 feet - Lot size: 40 x 100 feet - Existing structure: Walk-up apartment building with 5 families and commercial spaces Property Features: - Distinct Buildings on Lot: 1. 275 Howard Avenue - 3-bedroom, 2-bath single-family home - Wood floors, 1 kitchen, no basement 2. 271-273 Howard Avenue - Commercial space currently used by a shipping company 3. 1986 Fulton Street - 3 story building with commercial storefront with full basement 4. 1988 Fulton Street - 3-story walk-up building - Lower level: Commercial space - Upper floors: 2 floors of SRO with 10 rooms, 2 kitchens, 2 full bathrooms, and 2 half bathrooms on each floor Current Commercial Units: - Three commercial units Potential Development Opportunities: - Condo or rental units, capitalizing on growing demand - Expanding residential units for an increasing population - Enhancing commercial offerings for the local community - Exploring mixed-use developments combining retail and residential living Market Potential:** - Unique chance for developers to capitalize on the growing demand for residential and commercial spaces in Bedford-Stuyvesant - Area experiencing substantial growth, ideal for innovative development projects - 1986-88 Fulton Street and Howard Avenue serve as a gateway to future growth in a vibrant neighborhood Investment Appeal: - Compelling opportunity for investors and developers to impact an area poised for transformation - Corner site is rare, making this opportunity particularly valuable - Option for a community facility component adds further appeal - Property will be delivered vacant

Features of 275 Howard Avenue

MLS® # 886813
Price $3,250,000
Bathrooms 0.00
Square Footage 8,960
Acres 0.00
Year Built 1910
Type Commercial
Sub-Type Multi Family
Status Active

Community Information

Address 275 Howard Avenue
City Brooklyn
County Kings (Brooklyn)
State NY
Zip Code 11233

Additional Information

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Amenities

Utilities Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Connected
Parking On Street
Is Waterfront No
Has Pool No

Interior

Interior Combination
Appliances Electric Oven, Gas Water Heater
Heating Natural Gas
Cooling Electric
Fireplace No
# of Stories 3

Exterior

Lot Description Corner Lot, Corners Marked, Interior Lot, Near Public Transit
Construction Brick

Additional Information

Zoning R7D, C2-4
Short Sale No
RE / Bank Owned No
Taxes (total) $64,000

Listing Details

OfficeColdwell Banker American Homes
Office Contact718-206-1340

Listing Map

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