114 Erasmus St
Brooklyn, NY 11226

Marcus and Millichap has been chosen to exclusively represent ownership in the sale of 114 Erasmus Street, a development site that currently features a two-story building with a three-bedroom apartment, a two-bedroom apartment, and a studio apartment. The property is located on Erasmus Street between Rogers Avenue & Nostrand Avenue in the Flatbush neighborhood of Brooklyn. The subject development site is located 83 feet from the wide street of Rogers Avenue. 17 feet of the width of the lot can receive a Residential FAR bonus equal to 3. The property is zoned R6, C2-3. The subject property is located within 2 blocks of the Church Avenue [2,5] Train Station, providing easy access to Manhattan and the rest of Brooklyn. R6, C2-3 Flatbush Development Opportunity Several Development Sites Completed Nearby Including Directly Next Door 10,294 Square Feet of Total Available Residential Air Rights The Lot Dimension is 29 x 133 Quality Housing Program Boosts Over Half of the Lot to an FAR of 3 Conveniently Located within a Qualified Opportunity Zone Not Located in a Historic or Landmark District Apartments are Operating on a Month-to-Month Basis Family-Owned Building since 1986