929 84Th StBrooklyn, NY 11236

For Sale
$199,000

Prime 2,000 sq ft lot, R5B zoning.

Overview

Added:
Dec 11, 2024
Days on market:
95
This exceptional 2,000 square foot vacant lot, located at 929 East 84th Street in Brooklyn, New York (zip code 11236), presents a remarkable development opportunity. Situated on a 20 x 100 foot lot in a residential area between Flatlands and Avenue J, this property is zoned R5B. The R5B zoning allows for the construction of a 1-to-4 family home, offering significant potential for building a custom home or exploring other development options. With a Residential FAR of 1.35 and a Facility FAR of 2, the maximum usable floor area is 2,700 square feet, leaving 2,700 square feet of unused FAR. Alternative uses could include adding affordable tiny homes or incorporating medical or community service facilities. The property also offers the added benefit of on-site parking, which could generate additional income through rental. Annual real estate taxes are only $1,875. The location provides convenient access to shopping, public transportation (buses), and restaurants. This property offers numerous possibilities for investors and developers seeking a prime location in a thriving Brooklyn neighborhood.

Highlights

  • Prime vacant land located on East 84th Street between Flatlands and Avenue J.
  • R5B zoned 20' x 100' lot in a residential area.
  • Build a 1-4 family home or utilize the 2,700 sq ft maximum buildable area (1.35 Residential FAR, 2.0 Facility FAR).
  • Potential for additional income through parking or tiny homes.
  • Low annual property taxes of $1,875.
  • Excellent location near shopping, public transportation, and restaurants.

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.636947
Longitude
-73.90949
929 84Th St, Brooklyn, New York

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929 84Th St
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