tomo logo

$1,900,000

Beds
1
Baths
2.0
sq ft
Unknown

8 Howard Ave Unit LOT, Brooklyn, NY 11221

8 Howard Ave Unit LOT

New York City, NY 11221

  • 3 days on market
<p> <strong>Prime Development Opportunity in Bedford-Stuyvesant </strong></p> <p>Seize a rare investment opportunity in the heart of Brooklyn! Rare opportunity to acquire a <strong>4,195 SF development lot</strong> in Bedford-Stuyvesant, adjacent to the Gates Avenue subway stop at Broadway and Howard Avenue.</p> <strong>Key Property Details:</strong> <p> <strong></strong></p> <strong></strong> <p> <strong>Zoning:</strong> R7A</p> <p> <strong>Floor Area Ratio (FAR):</strong> 4</p> <p> <strong>Max Allowable Floor Area:</strong> 16,780 SF</p> <p> <strong>Bonus Floor Area (for Affordable Housing):</strong> 5,537.4 SF</p> <p> <strong>Total Development Potential:</strong> 22,317.4 SF</p> <p> <strong>Max Building Size:</strong> 2,517 SF </p> <strong>Strategic Location & Unmatched Connectivity</strong> <p>Nestled in Bedford-Stuyvesant, this site benefits from <strong>easy access to multiple subway lines (A, C, J, M, Z)</strong> and several bus routes, ensuring seamless commuting throughout Brooklyn and Manhattan. The area's ongoing transformation has led to <strong>rising property values, a diverse community, and a flourishing local economy.</strong></p> <strong>Affordable Housing Opportunity</strong> <p>Located within an <strong>Inclusionary Housing designated area</strong>, developers can take advantage of a <strong>bonus in floor area</strong> by designating <strong>units as affordable housing,</strong> maximizing the project's potential.</p> <strong>Endless Development Possibilities</strong> <p>With a <strong>strong demand for housing, excellent transit accessibility, and a thriving neighborhood</strong>, <strong>The Howard BKLYN</strong> offers an exceptional opportunity for developers looking to create a <strong>high-value residential or mixed-use project</strong> in one of Brooklyn's most sought-after locations.</p>

Details

Property type

Apartment

Lot size

Unknown

Price per sq ft

Unknown

Year built

1931

HOA

Yes

Price History

03/25/2025
REBNY

REBNY #RLS20011762

Listed
$1,900,000

Schools & Community

Neighborhood: 

Bedford Stuyvesant

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 03/28/2025 at 7:00 PM

Listing updated: 03/28/2025 at 5:36 PM

Listed by: William H Etheridge, Douglas Elliman Real Estate Phone #: (212) 891-7000

MLS: REBNY #RLS20011762

REBNY logo

Recently listed in New York City