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About This Home

This 0-bedroom, 0-bathroom residential multi family at 275 Howard Avenue in Brooklyn, NY is listed for $3,250,000. Built in 1910, on a 0.09 acres lot.

Agent Description

Prime Development Opportunity in Bedford-Stuyvesant, Brooklyn Location: - Intersection of Howard Avenue and Fulton Street - Strategically positioned corner property with immense growth and development potential Zoning: - Exceptional R7D zoning with C2-4 commercial overlay - Allows for nearly 17,000 buildable square feet **** Building Dimensions: -

20 feet by 48 feet - Lot size: 40 x 100 feet - Existing structure: Walk-up apartment building with 5 families and commercial spaces Property Features: - Distinct Buildings on Lot: 1. 275 Howard Avenue - 3-bedroom, 2-bath single-family home - Wood floors, 1 kitchen, no basement 2.

271-273 Howard Avenue - Commercial space currently used by a shipping company 3. 1986 Fulton Street - 3 story building with commercial storefront with full basement 4. 1988 Fulton Street - 3-story walk-up building - Lower level: Commercial space - Upper floors: 2 floors of SRO with 10 rooms, 2 kitchens, 2 full bathrooms, and 2 half bathrooms on eac

h floor Current Commercial Units: - Three commercial units Potential Development Opportunities: - Condo or rental units, capitalizing on growing demand - Expanding residential units for an increasing population - Enhancing commercial offerings for the local community - Exploring mixed-use developments combining retail and residential living Market

Potential:** - Unique chance for developers to capitalize on the growing demand for residential and commercial spaces in Bedford-Stuyvesant - Area experiencing substantial growth, ideal for innovative development projects - 1986-88 Fulton Street and Howard Avenue serve as a gateway to future growth in a vibrant neighborhood Investment Appeal: - Com

pelling opportunity for investors and developers to impact an area poised for transformation - Corner site is rare, making this opportunity particularly valuable - Option for a community facility component adds further appeal - Property will be delivered vacant

Key Features

  • Built in 1910
  • 0.09 acre lot
  • 3 stories

Property Details

3 stories
1910

Monthly Cost Estimate

$17,382/mo

20% down · 6.5% · 30 years

Principal$2,350
Interest$14,083
Insurance$948

Estimates only. Actual payments may vary.

Location

275 Howard Avenue

Brooklyn, NY 11233

Property Details

Flooring

Combination

Construction

Brick

Parking

On Street

Heating

Natural Gas

Cooling

Electric

Appliances

Electric OvenGas OvenGas Water Heater

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 275 Howard Avenue is listed at $3,250,000. The estimated monthly payment is $14,083 based on 20% down at 6.5% interest.

Key features include: Built in 1910, 0.09 acre lot, 3 stories.

This property is listed by Keishera T. James and can be reached at 6466179100 or kjames@cbamhomes.com.

KJ

Keishera T. James

Agent at Coldwell Banker American Homes

(646) 617-9100

Listed by Coldwell Banker American Homes

MLS# 886813· Source: listhub· Updated 328 days ago

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275 Howard Avenue, Brooklyn, NY 11233

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