697 Dekalb Avenue is a vacant 4-story walk-up mixed-use building located in Brooklyn, New York. The property features a lot size of 20' x 120' and a built size of 20' x 60', totaling 4,800 square feet. It comes with approved plans to convert into a 10-family, 1-retail mixed-use building, offering a total buildable square footage of 9,600 square feet under R7A zoning with a total FAR of 4. The yearly taxes for the property are $5,304, making it a potentially attractive investment opportunity for developers or investors looking to capitalize on the growing neighborhood.
Situated just four blocks from the Myrtle Ave-Willoughby Ave (G) train station, the location provides convenient access to public transportation, enhancing its appeal for future residents. The approved plans for the building suggest a thoughtful approach to urban living, combining residential and retail spaces to foster a vibrant community atmosphere. This mixed-use development aligns with the increasing demand for versatile living spaces in Brooklyn, making it a noteworthy prospect in the local real estate market.