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32 Bushwick Avenue

Listing no longer available on CityRealty as of Nov 8, 2021
It previously was on the market for a total of 103 days.
103 days on Market

Pricing History

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Key Details

  • Listed: Jul 28, 2021
    Days on Market: 103
    Building Type: Townhouse
    Neighborhood: Williamsburg (Brooklyn)
    Listing viewed 119 times
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $19,272
Note: the above is based on a down payment of 20% ($700,000), which is the minimum amount permitted by the building.

Description

Introducing 32 Bushwick Avenue-Prime Williamsburg Development Site Currently consisting of a 2,931 sqft 3 family house with full basement that can easily be renovated and left as an income producing property, this site offers a multitude of options for investors looking to capitalize on the once again booming Williamsburg real estate market. The R7A residential zoning of 32 Bushwick Ave provides for a considerable amount of buildable square footage, with or without the additional purchase of IH certificates to build to the bonus IH FAR. In the heart of old-school Williamsburg this site is ideally located in the middle of the Graham & Grand L stops surrounded by all the best neighborhood restaurants, cafes, grocery stores, bars, etc. You cannot beat this location. Full development potential info: As of Right Buildable SqFt=7,714.2 (IH 3.45 FAR) As of Right Buildable SqFt With Purchase of IH Certificates=10,285.6 (4.6 IH Bonus FAR) 25.75 x 92.5 (Slightly Irregular Lot) 2,236 Lot SqFt Full Zoning Analysis Coming Soon Reach out with any questions or to receive the offering memorandum or zoning analysis once available.

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Building Amenities

  • Pre War