This Multifamily Property is no longer advertised on LoopNet.com.

1100 Greene Ave
Brooklyn, NY 11221

1 Family, 9 SRO Units & 12 Parking Spaces · Multifamily Property For Sale · 9 Units

INVESTMENT HIGHLIGHTS

  • Unused FAR
  • Potential for Additional Buildable Square Footage
  • High Upside

PROPERTY FACTS

No. Units 9
Property Type Multifamily
Property Subtype Apartment
Lot Size 0.10 AC
Building Size 10,473 SF
Average Occupancy 25%
No. Stories 4
Year Built 1901
Parking Ratio 0.38/1,000 SF

ABOUT 1100 GREENE AVE , BROOKLYN, NY 11221

More than what meets the eye: 1100 Greene Ave delivers 10,473 square feet of buildable FAR with the potential of a community facility granting up to 16,000 sqft (please verify with your architect). This unique Bushwick site is on a beautiful street, surrounded with new developments, and packed with upside. The subject property has a 9' wide driveway next to a 21' wide building. The building is 50' deep and the lot is 144' deep. Based on the unique shape of the lot, it is estimated that 10-12 units can be built here by going up, out, and behind the existing structure. 1100 Greene is an SRO with no cert. that can be delivered vacant. This location is 4 blocks from the J,Z train. Manhattan is 25 minutes away. Up the block and around the corner are dozens of 4 to 53 unit development sites that show that this part of Bushwick is currently red-hot for developing. Around the corner are cafes, bars, and restaurants that make this area genuinely attractive to end-users and renters.

ZONING

Zoning Code R6A (Medium density residential zoning district.)
  • Listing ID: 16391910

  • Date on Market: 6/19/2019

  • Last Updated:

  • Address: 1100 Greene Ave, Brooklyn, NY 11221