115 Sutter Avenue

Residential Development Opportunity!

Prime development opportunity for investors looking to tap into the Brownsville market. The 4,256 Sq Ft lot allows for an approximate buildable sq ft of 10,342 Sq Ft. A single-family residence sits on the site at the moment, which will be delivered vacant upon closing.

The enlarged lot size of 28 x 152 is a great opportunity to build an approximate 6-story building with 10+ residential units. Zoning for the property is R6, C1-3, with a FAR of 2.43 and 4.8 for community facilities. Additionally, the property is situated in an investment opportunity zone (OPZ), offering potential benefits.

This potential development is conveniently located near restaurants, schools, and parks and between Saratoga Ave and Sutter Ave-Rutland Rd subway stations(3 train). You'll find new developments planned along the changing corridor.

Please check with your architect to verify zoning requirements.

Zoning: R6, C1-3

FAR: 2.43

LOT SQFT: 4,256

2
beds

1
bath

1,116 Sq.Ft. LIVING AREA

Darrel Williams

title Licensed Associate Real Estate Broker
PHONE (267) 234-4084
EMAIL [email protected]

Michael Bhagwandin

title Licensed Real Estate Agent
PHONE (917) 903-3843
EMAIL [email protected]
DRE # 10401215946

Features & Amenities

Interior

total bedrooms2
Total bathroom1
full bathroom1
Laundry room See Remarks
Flooring Hardwood
other interior Features Breakfast Bar

Area & Lot

Status Sold
Living Area1,116 Sq.Ft.
MLS® IDCOMP-1518283874080048737
TypeTownhouse
YEAR BUILT1986

Exterior

STORIES2
parkingPrivate

Financial

Sales Price$800,000
Real Estate Tax $4,128/yr

Work With Us

Clients appreciate his expertise, as they do his contagious enthusiasm and high energy. Having worked in hospitality, Michael knows that service, integrity and interpersonal charm are key to building business and relationships. Michael is always available to his clients, and strives to make the purchase, sale or luxury condo rental process smooth and rewarding.

Contact Details

MICHAEL BHAGWANDIN

Phone

(917) 903-3843

[email protected]

Address

110 5th Ave Fl 6 New York NY 10003

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