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Type:
Development
BSF:
Property Description
Investment Property Realty Group (IPRG) has been exclusively retained to market the sale of 1098 Manhattan Avenue, a prime mixeduse property situated between Dupont Street and Clay Street in the highly sought-after Greenpoint neighborhood of Brooklyn.
This well-positioned asset comprises five residential units and one commercial space, all of which will be delivered vacant, providing a unique opportunity for redevelopment or repositioning. The existing structure spans approximately 3,750 square feet, with dimensions of 25 ft x 55 ft on the first and second floors and 25 ft x 40 ft on the third floor. The property occupies a 25 ft x 100 ft lot and is zoned R7A, C2-4, offering a 4.0 FAR and 10,000 as-of-right buildable square feet, with up to 12,525 square feet under the Universal Affordability Preference (UAP) program.
The property is located within walking distance to the G subway line.
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Block & Lot:
02488-0003
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Neighborhood:
Greenpoint
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Cross Streets:
Dupont St & Clay St
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Lot Dimensions:
25 ft x 100 ft
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Total Approx. SF:
10,210
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Total Approx. BSF:
10,000
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Zoning:
R7A, C2-4
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FAR:
4.0
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Tax Class:
2A
