Type:
Mixed Use
Sq Ft:
4,200
Units:
Property Description
Investment Property Realty Group (IPRG) has been exclusively retained to sell 86 4th Avenue, on the corner of St. Marks Place in Gowanus, Brooklyn.
The prime, corner, fully free market mixed-use property currently configured as 3 apartments and 1 store and is built approximately 4,200 square feet. The property dimensions are 21 ft x 50 ft and it sits on a 21 x 80 ft lot.
The property is in the Gowanus Special Purpose zoning district and is zoned C4-4D, which has an R9A equivalent which has an 8.50 residential FAR, a 6.5 community facility FAR and a 3.4 retail/entertainment FAR. The property features approximately 10,080 square feet of additional air rights for residential development.
As-is, each apartment features North, East and West facing windows, providing ample sunlight for reconfiguration. Significant value can be created through renovation or use of the air rights.
86 4th Avenue is steps away from Atlantic Terminal, Barclay’s Center, and excellent retail on 5th Avenue.
-
Block & Lot:
00395-0032
-
Neighborhood:
Gowanus
-
Cross Streets:
Corner of St Marks Pl & 4th Ave
-
Building Dimensions:
21 ft x 50 ft
-
Lot Dimensions:
21 ft x 80 ft
-
Units:
4
-
Total Approx. SF:
4,200
-
Zoning:
C4-4D(R9A)
-
Tax Class:
2A
