Pangunahing Oportunidad sa Pagpapaunlad sa Midwood – Bihirang Package Sale

Ang 1761 at 1763 E 12th Street ay iniaalok nang magkasama bilang isang package, na may R7A zoning at pinagsamang sukat ng lote na 60’ × 117’ (humigit-kumulang 7,020 square feet). Isa itong bihirang pagkakataon para sa mga developer na makakuha ng malaking lote sa isa sa mga pinaka-kanais-nais na kapitbahayan sa Brooklyn.

Ang property ay kasalukuyang kumikita ng humigit-kumulang $185,000 bawat taon mula sa upa, na nagbibigay-daan sa mga investor na makinabang sa agarang cash flow habang nagpaplano ng hinaharap na redevelopment at pinapaliit ang carrying costs.

May potensyal itong mapaunlad para sa mahigit 50 residential unit, depende sa zoning, mga kinakailangang pag-apruba, at pagsusuri ng arkitekto.

Maaari itong maging kwalipikado para sa mga programang Affordable Housing at mga naaangkop na tax incentive program, kabilang ang mga oportunidad na maaaring maging kwalipikado para sa 421-a o kaugnay na replacement tax benefits, kung naaangkop at napapailalim sa mga kinakailangan ng pamahalaan.

Mahigpit na hinihikayat ang mga developer at buyer na kumonsulta sa kanilang arkitekto, zoning consultant, at mga legal na propesyonal upang mapatunayan ang maaaring maitayong square footage, bilang ng mga unit, at pagiging kwalipikado para sa mga programang Affordable Housing at tax abatement.

Prime Midwood Development Opportunity – Rare Package Sale 1761 & 1763 E 12th Street are offered together as a package, featuring R7A zoning and a combined lot size of 60’ × 117’ (approximately 7,020 SF). This is a rare opportunity for developers to acquire a substantial site in one of Brooklyn’s most desirable neighborhoods. The property is currently generating approximately $185,000 in annual rental income, allowing investors to benefit from immediate cash flow while planning future redevelopment and minimizing carrying costs. Potential to develop 50+ residential units, subject to zoning, approvals, and architectural review. Potential eligibility for Affordable Housing programs and applicable tax incentive programs, including opportunities that may qualify for 421-a/related replacement tax benefits, where applicable and subject to government requirements. Developers and buyers are strongly encouraged to consult their architect, zoning consultant, and legal professionals to verify buildable square footage, unit count, and eligibility for Affordable Housing and tax abatement programs.