Greenpoint Development/Conversion Opportunity 441 Meeker Ave
3 Unit Apartment Building $2,876,591 CAD ($958,864 CAD/Unit) Brooklyn, NY 11222
INVESTMENT HIGHLIGHTS
- Centered in a thriving Greenpoint Neighborhhood experiencing explosive growth
- Site benefits from "City of Yes" & the new "485-x tax abatement"
- Nearby Public Transportation Options
EXECUTIVE SUMMARY
Prime Greenpoint Conversion or Redevelopment Opportunity. Site to be delivered vacant, providing an Investor/Developer/User a blank slate to take either gut renovate the existing structure or take advantage of the New "485-x Tax Abatement" and the "City of Yes" programs to develop into high-end condo's, rental units or a single-family home.
7,500 Buildable SF for As of Right Developments
9,500 Buildable SF funder UAP - 80% Market Rate/20% Affordable Housing Units
7,500 Buildable SF for As of Right Developments
9,500 Buildable SF funder UAP - 80% Market Rate/20% Affordable Housing Units
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 2 | - | - |
1 of 1
Walk Score®
Walker's Paradise (96)
Transit Score®
Rider's Paradise (90)
Bike Score®
Very Bikeable (88)
ZONING
| Zoning Code | R6A/M1-2 (MX-8 SD) (As of Right Residential- 3.0 FAR- 7,500 SF Buildable (Condo/Market Rate Rental) UAP- 3.9 FAR- 9,750 SF Buildable (80% Market/20% Affordable)) |
