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Property Description

LOT AREA: 1,781 SQFT ZONING: M1-2/R6A,MX-8
BLOCK & LOT:  02387 & Lot 0006
*PROPERTY IS LOCATED IN A NEW YORK STATE OPPORTUNITY ZONE Opportunity Zone. https://esd.ny.gov/opportunity-zones
EXCLUSIONARY BONUS CERTIFICATE  (Already off-site)
F.A.R 3.6
APPROVED PLANS FOR 7 STORY 5 UNIT BUILDING
GROSS BUILDABLE AREA: 7,853.73 SQFT
NET SELLABLE SQFT 6,763.20
PURSUANT TO-ZR/23-22. Maximum Number of Dwelling Units: up to 9  (Would need amended plans)

This prime location lot has approved plans for a 7 story 5 units. Plans consist of two 2 bedroom duplex's one with a backyard, and one with a roof terrace. The one bedroom are large with balconies. Each unit is a single floor with elevator access straight into each unit. Units also consist of backyard, balconies, terraces, and rooftop throughout. Inclusionary certificate for the property is in place for an additional 1,605 square feet. Under this program the certificates issued by HPD verify that the affordable housing component has been satisfied "off-site". Condominiums at 147 Hope Street are selling from $1,273.00- $1,319 per square foot. Great mass transit proximity, within a couple of blocks. 5 min walk to the Northside of Williamsburg.
*Contact Craig for Setup and full set of plans

Property Available