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Approve Alt-1 Plans for 8-Unit MF Project 840 Greene Ave

3 Unit Apartment Building $2,300,000 ($766,667/Unit) Brooklyn, NY 11221

Apartment Buildings New York Brooklyn 840 Greene Ave, Brooklyn, NY 11221

Investment Highlights

  • Approved Plans for an 8-unit, 7,500 GSF building via horizontal & vertical enlargement of existing structure.
  • Ideal for a Boutique Condominium Project. The project is not subject to any inclusionary housing restrictions.
  • Property will be Delivered Vacant at closing.
  • Short walk to the J-line Subway Station at Broadway / Kosciuszko Street.

Executive Summary

The subject property is an existing three-unit multifamily building. It will be delivered with fully approved Alt-1 plans to convert to an 8-unit, ~7,500 GSF building via horizontal and vertical enlargement of the existing building.
The building will be delivered vacant. Please inquire with exclusive brokers for more information or to arrange for a property inspection.

Attachments

840 Greene Avenue - Ripco Setup

Property Facts

Price $2,300,000 Apartment Style Low Rise
Price Per Unit $766,667 Lot Size 0.07 AC
Sale Type Investment Building Size 3,360 SF
Sale Conditions
High Vacancy Property
  • Redevelopment Project
 No. Stories 3
No. Units 3 Year Built 1899
Property Type Multifamily Parking Ratio 1.49/1,000 SF
Property Subtype Apartment
Price $2,300,000
Price Per Unit $766,667
Sale Type Investment
Sale Conditions
High Vacancy Property
  • Redevelopment Project
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Lot Size 0.07 AC
Building Size 3,360 SF
No. Stories 3
Year Built 1899
Parking Ratio 1.49/1,000 SF

Links

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Walk Score ®
Very Walkable (86)
Transit Score ®
Rider's Paradise (95)
Bike Score ®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

zoning

Zoning Code R6B
R6B
(718) 663-2639

Contacts

  • Listing ID: 33523364

  • Date on Market: 10/15/2024

  • Last Updated:

  • Address: 840 Greene Ave, Brooklyn, NY 11221

More public record information on 840 Greene Ave, Brooklyn, NY 11221

The North Brooklyn Multifamily Property at 840 Greene Ave, Brooklyn, NY 11221 is currently available. Contact Ripco Real Estate for more information.

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Approve Alt-1 Plans for 8-Unit MF Project | 840 Greene Ave
(718) 663-2639 x

Approve Alt-1 Plans for 8-Unit MF Project | 840 Greene Ave

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Stephen Preuss

(718) 663-2639

(718) 663-2639

Kevin Schmitz

(631) 487-9365

(631) 487-9365

Andrew LeoGrande

(718) 704-1455

(718) 704-1455

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