Overview
Builders, developers and investors, this is an incredible opportunity for development in the sought-after East Flatbush neighborhood. This 40x100 sq. ft. (0.09 acre) R5 zoning buildable vacant land is for sale with its NYC DOB-APPROVED PLANS FOR A FOUR-FAMILY, WHEELCHAIR ACCESSIBLE BUILDING. Unlike most land sales, you won’t be bogged down with messy permit delays and bureaucratic red tape with this new build, so you can get work started immediately with your contracting team! As a direct result, you’ll be able to reap the benefits of a quicker ROI than the average lot purchase! The lot is leveled, deep and sits on a residential block. It also has an adjacent structure that previously served as a one-car garage, has sewage, plumbing, gas and electric lines. Since four family properties are a rare find in this neighborhood, the financial benefit to the new owner will be astronomical. The location is an equally attractive factor in the sale of this land for those purchasers looking to fix & flip or buy & hold; The lot is located between Church Ave. and Snyder Ave., and a couple of minutes from Linden Blvd., Kings Hwy., Utica Ave. and Flatbush Ave. If you know anything about East Flatbush then you attest to the fact that each of these streets are the main veins of this very desirable, thriving neighborhood. The central location of this land to five main streets plus nearby B35 and B46 local buses and trains makes getting around town a cinch. Also look to any of those streets to find all amenities imaginable: big retail stores, including Target, Home Depot and Walgreens, to mention a few, boutique shops, popular and chain restaurants, health & holistic apothecaries, supermarkets, shopping centers, laundromats, gyms, schools, houses of worship and the list goes on. For outdoor entertainment, there’s Wingate High School, home to summer concerts and events, parks, playgrounds and much, much more. Great lot: check! Prime location: check! Utilities: check! NYC DOB-approved plans: check!