Approved Plans for 8 Units — Shovel Ready
• The subject property is a mixed-use development site on a 20’ x 100’ lot. The as of right zoning of R6 / C2-3 allows for up to 5,976 BSF.
• The site is eligible for the Affordable NY (421a) tax benefit, offering a 35 year tax abatement with 30% of the units rented at 130% AMI.
• Public transportation is conveniently available within steps of the --- train at Rockaway Avenue station, offering direct access to Downtown Brooklyn and Manhattan.
• The property presents a fantastic opportunity to take advantage of one of Brooklyn’s most sought after and rapidly gentrifying neighborhoods.