$3,250,000
( $362.72Per Sq Foot )
 $17,447 est/mo Sourced by Back At You

275 Howard Avenue,Brooklyn, NY 11233

Brooklyn, NY 11233

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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 each 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: - Compelling 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

Details

MLS #886813
Listing TypeFor Sale
StyleMulti-Family
Sub-TypeResale
StatusActive
Year1910
Days On Site432
Listing Provided ByColdwell Banker American Homes | Keishera T. James

Features

SQ Feet8,960
BasementY
Story(s)3
Units10
Building(s)4
ZoningR7D
Acreage0.09

Interior

CoolingElectric
HeatingNatural Gas
AppliancesElectric Oven, Gas Oven, Gas Water Heater

Exterior

Security FeaturesFire Sprinkler System
Construction MaterialsBrick
Foundation DetailsBrick/Mortar
Lot FeaturesCorner Lot, Corners Marked, Interior Lot, Near Public Transit

Parking

Parking FeaturesOn Street

Utilities

UtilitiesElectricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Connected
SewerPublic Sewer

Taxes

Tax Year2025
Tax Annual Amount64000

Area Information

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11233
Sourced by Back At You

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Learn More About This Property

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11233
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $2.437M - $4.62M
sqft: 6,500 - 11,000
Nearby Listings Property ImageNearby Listings Details
208 Sumpter Street Property Photo 1
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208 Sumpter Street
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Listing Updated: May 29, 2026 at 1:04:41 PM PDT