929 86Th StBrooklyn, NY 11236

Prime Brooklyn location at 929 E 86th St, this 20 x 100 foot vacant lot presents a remarkable development opportunity. Zoned R5B, it allows for the construction of a 1-to-4 family home, maximizing the 2,700 square foot maximum usable floor area. Alternatively, the property's flexible zoning permits the addition of medical or community service facilities, leveraging the unused FAR of 2,700 square feet. Consider the potential for affordable housing solutions, such as incorporating 1-4 Boxabl tiny homes, along with valuable on-site parking. Approved plans for a 2-4 family dwelling are available. Annual real estate taxes are only $1,875, offering further cost advantages. Explore additional revenue streams by renting out parking spaces at $300 per month per car, or installing solar panels. The property's strategic location near shopping, public transportation, and restaurants enhances its appeal. This is a unique chance to build your dream project or create a lucrative investment.