Project Description

1270-1274 New York Avenue | Flatbush

Asset Type: Development

Transaction Closed

Price:  $2,070,000

No. of Units:  2

Lot Size: 58 ft x 102.5 ft

Zoning: R6

FAR: 3.0

Buildable SF (Approx.): 17,835 SF

Investment Highlights

Bestreich Realty Group (BRG) is pleased to announce that it has closed 1270-1274 New York Avenue, two contiguous development sites located in the Flatbush section of Brooklyn. The combined lots measure 58 ft x 102.5 ft and are zoned R6. With a legal street width of 80 ft. and a max FAR of 3.0, this allows for approximately 17,835 buildable SF.

The lots are located near the 2 and 5 Subway lines offering quick and easy access to the City and are located near strong retail on Nostrand Avenue. This area is rapidly becoming one of the most sought after real estate markets for both retail and residential focused investors.

Call: (718) 360-8801

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Exclusive Listing Agents

Derek Bestreich
Derek BestreichPresident
Tom Reynolds
Tom ReynoldsSenior Associate
Brian Underkolfer
Brian UnderkolferAssociate