Description

Nest Seekers International;The Global Real Estate Powerhouse, has been retained to facilitate the sale of 550 Hart Street, Brooklyn, NY 11221 which is set up currently as a Legal 4 family residential walk-up building, but could potentially be built to suit such as a Legal-6 Unit 6-story building for example as shown in the rendering. The building will be delivered vacant and is located at one of Brooklyn's fastest growing neighborhood, Bushwick, this property offers an investor or savy home buyer a great opportunity. The area offers easy access to transportation, great schools, shopping and dining at your fingertips. The lot is situated in a beautiful tree-lined neighborhood. It's an amazing development opportunity and the building will be marketed as a Re-Development or a Gut Renovation opportunity. The building sits on a lot of 25' x 97.5' and the buildings dimensions are currently 25' x 70' which gives you a lucrative rental opportunity. This Redevelopment has huge potential with R6 zoning and of Max Res. FAR 2.43. It's an incredible opportunity to establish an immediate foothold in Bushwick BK. This up-and-coming neighborhood offers trendy bars and night life, as well as family friendly parks and attractions. It's a bike ride away from both Williamsburg Bridge andForest Park. Less than a 5 minute walk to the M train, the B38 and the B54 buses. Be in Midtown Manhattan in 30 minutes!
Rent roll:
3rd floor 4200
2nd floor 4700
1st floor 3300
basement 1500
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Building Features

intercom

Unit Features

garden

$2,950,000 / $561 per ft²

$150,000  -  31 days ago

Listed on Mar 27, 2020

DOM temporarily suspended

11 Beds / 6.0 Baths / 5,250 ft²

Total Monthly expenses: $852

Maintenance: - / R.E. Taxes $852

Other Details:

Multi Family (4-6 Family)

Lot Size: 25.0' x 97.5' Built: 25.0' x 70.0'

Zoning: C2-3

Exclusively listed with: Nest Seekers International Source: RLS

Alexander
Goldenberg

alexg@nestseekers.com

(917) 566-4186

Ravi
Gulivindala

ravig@nestseekers.com

(646) 745-0042

Listing Courtesy of Nest Seekers International View Listing

Unit listing history

Date Status Amount Listed by Owner Name
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