$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 #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

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