Property Description

Extremely Rare-Find Development Site Two(2) Residential Buildings plus Four(4) Parking Lots with combined lot size of 19,644 SQFT (122.83x186.58' IRR) offering in a parcel located in Prime Neighborhood, Sunset Park. Here is the breakdown: 708 61st Street is a parking lot with 2,000 SQFT lot size and annual property tax of $7,211, Subject property is a two(2)-family house with building size 18x30' approx. 1,204 SQFT sitting on 26.08x186.58' lot approx. 4,862 SQFT and annual property of $5,614, 712 61st St is another two(2)-family house with building size 16.75x30' approx. 1,204 SQFT sitting on 16.75x170' lot approx. 3,842 SQFT and annual property tax of $5,121, 716 61st St is another parking lot with 3,140 SQFT lot size and annual property tax of $11,131, 718 61st St is another parking lot with 2,960 SQFT lot size and annual property tax of $10,551, and finally 720 61st St is also a parking lot with 2,840 SQFT lot size and annual property tax of $10,405. Zoning: M1-1, Commercial FAR: 1 and Facility FAR: 2.4. Please verify with your architect and possible variance. Huge Potential and Won't Last! Being sold together as a package deal.

Property Features